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

Copper and aluminium scrap exports from Germany and France dropped in March due to disruptions caused by the COVID-19 pandemic. 

 

Germany’s copper scrap exports dropped by 22.6pc to 35,162mt in March on 83.5pc drop in bookings from China, which had just started resuming operations, and a 17.8pc drop in demand from India, which went under a nationwide lockdown in the later half of the month. Russia’s imports of copper scrap from Germany, however, surged by 400pc to 3,854mt. France’s copper scrap exports dropped by 34.7pc in March from a year ago.

 

Germany’s aluminium scrap exports dropped by 13pc and France’s aluminium scrap exports dropped by 13.6pc, primarily due to the drop in demand from Italy, which was severely hit by COVID-19 pandemic. Italy’s aluminium scrap bookings from Germany dropped by 31.1pc and from France by 30.2pc.

 

Germany’s non-ferrous scrap exports 
 Mar-20Mar-19Change (%)
Copper scrap35,16245,411-22.6
Major importers   
Belgium5,1404,00028.5
Russia3,854771400
Netherlands3,8336,524-41.2
    
Aluminium scrap85,16197,994-13
Major importers   
Italy13,38519,432-31.1
Austria13,33513,1361.5
Poland8,93011,099-19.5

 

France’s non-ferrous scrap exports 
 Mar-20Mar-19Change (%)
Copper scrap17,22326,395-34.7
Major importers   
Belgium3,4096,267-45.6
Spain3,1694,488-29.4
Germany3,1674,807-34.1
    
Aluminium scrap43,65150,518-13.6
Major importers   
Spain10,0949,8052.9
Belgium10,0508,24121.9
Italy7,42410,634-30.2

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