Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Non-ferrous scrap exports from Canada jumped 34pc for aluminum and 40pc for copper in the first half of the year, according to the country’s Customs data. 

 

Aluminum scrap export volumes stood at 299,363mt in H1 compared to 224,152mt in the same prior-year period, while copper scrap shipments increased to 71,557mt from 51,242mt.

 

Aluminum scrap 

The country exported 53,852mt of aluminum scrap in June, a 20pc increase from 44,826mt in the same month of 2020. The United States was the largest importer from Canada, with a 16pc surge to 35,425mt in June from 30,452mt in the same year-ago month. 

 

Copper scrap

Canada exported 14,242mt of copper scrap in June, up by 47pc from 9,666mt in the same month last year. The USA was again Canada’s leading importer, recording a 60pc jump to 6,312mt in June from 3,934mt in the previous year.

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