Exports Of Aluminium Scrap From US Drops In Q1 While Imports From Canada, Mexico Rise

Exports Of Aluminium Scrap From US Drops In Q1 While Imports From Canada, Mexico Rise

Import and export data released last week shows a general decline in exports of aluminium scrap from United States firms in this year’s first quarter, while exporters in Mexico and Canada generally increased during that same time period.

Per data just released by the United States Geologic Survey (USGS), Canadian sources exported 151 thousand metric tons of aluminium scrap into the US in the year’s opening quarter. That’s 9.58 percent off from a year previous, when Canadians shipped 167 thousand metric tons to the United States in the first quarter last year.

Imports into the United States from Canada rose by 60.5 percent on the quarter in the year’s first quarter, besting 2021’s fourth quarter by 56,900 metric tons from 94,100 metric tons.

For the month of March, Canada sent south 33 thousand metric tons of aluminium scrap, better by 31 percent on the month, but down by 5.17 percent over the previous March.

Meanwhile, aluminium scrap exporters in the United States sent 20,900 metric tons of product to Mexico in the first quarter, off by 53.65 percent from last year’s first-quarter total of 45,100 metric tons. In the fourth quarter of last year, US aluminium scrap exporters sent 40 thousand metric tons, translating to a 47.75 percent drop from that quarter to this year’s first quarter.

Aluminium scrap exported from Mexico to the United States in the month of March came to 8,460 metric tons, better by 17.01 percent from February’s total of 7,230 metric tons.

Altogether, United States aluminium scrap exporters sent 37,900 metric tons of aluminium scrap abroad in the month of March, besting February by 3,200 metric tons. Meanwhile, exports into the United States in March came to 57,800 metric tons, better by 11,600 metric tons, or 25.1 percent, from February.