
According to the latest USGS release on Bauxite and Alumina in the Second Quarter 2017, imports of alumina by the U.S. in the second quarter of 2017 were 307,000 tonnes, essentially unchanged from the amount imported in the first quarter of 2017 and in the second quarter of 2016. Imports of alumina during Q2 2016 were 305,000 metric tonnes, 23% less than those in the second quarter of 2015. Since there have been no recent capacity addition in the U.S. smelters, the imported amount remains unchanged.

However, if we compare between the amount imported in Q2 2015 and Q2 2017, we see a 22% drop. The leading sources of imported alumina in the second quarter of 2017 were Brazil (40%), Australia (31%), and Jamaica (11%). Suriname was an important exporter of alumina to the US in 2016. A number of smelters closed down in 2015-2016 leading to a significant drop in alumina import.
Exports of alumina during the second quarter of 2017 were 151,000 tonnes, 44% more than those in Q1 2017 but 59% less than those in Q2 2016 and 73% less than those in the second quarter of 2015. The leading destinations for alumina exported in the second quarter of 2017 were Russia (39%), Iceland (21%), and the Netherlands (17%).
Drops in alumina exports YoY are attributable to the shutdown of Alcoa’s Point Comfort Refinery, TX Texas. Sherwin Alumina Co. LLC also shut down its 1.65-Mt/yr alumina refinery in Gregory, TX, in September when bauxite stocks were exhausted. However, increase in alumina export QoQ is driven by capacity expansion in Noranda’s Gramercy alumina refinery.
Noranda is a subsidiary of New Day Aluminum, which acquired the refinery from its previous owner in bankruptcy proceedings in Missouri in 2016. New Day Aluminum is affiliated with DADA Holdings, an investment and management company based in Fort Lauderdale, Florida.
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