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US aluminium scrap exports to Malaysia trend up through five months totalling 46,600 tonnes in August'22

  | AlCircle   |

In August 2022, the United States aluminium scrap exports to Malaysia stood at 46,600 tonnes, reflecting an increase of 12,600 tonnes or 37.06 per cent month-on-month, found the US Census Bureau data. In July, the export volume was 34,000 tonnes, slightly up by 900 tonnes from 33,100 tonnes a month earlier.

US aluminium scrap exports to Malaysia trend up through five months totalling 46,600 tonnes in Aug'22

It would be interesting to note that the United States aluminium scrap exports to Malaysia kicked up post the March quarter of 2022 and since then rallied through August 2022. In June, the United States aluminium scrap export volume to Malaysia advanced from the previous month by 6,100 tonnes or 22.59 per cent, following a sequential increase in May by 12.03 per cent from 24,100 tonnes to 27,000 tonnes.

However, on a year-on-year calculation, the United States aluminium scrap exports to Malaysia in August 2022 recorded a decline of 18.10 per cent from 56,900 tonnes.

From January to August, the United States exported 249,000 tonnes of aluminium scrap to Malaysia, down by 26.33 per cent from 338,000 tonnes during the same period last year.

Future of the Global Aluminium Castings Industry

The United States total aluminium scrap exports in August 2022 amounted to 178,000 tonnes, up by 14.84 per cent from 155,000 tonnes a month ago but down by 5.32 per cent from 188,000 tonnes a year earlier.

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