Canada exported 50,569mt of aluminum scrap and 12,522mt of copper scrap in May, up by 55pc and 65pc, respectively, from the same month last year, according to the country’s Customs data.
In the year until May 31, aluminum and copper exports stood at 245,511mt and 57,315mt up 36pc and 39pc, respectively, on an annual basis.
The US was the largest importer of aluminum scrap, accepting 33,440mt in May, up by 72pc from 19,425mt a year ago. Malaysia’s imports in the same month surged to 5,142mt from 781mt in May 2020. Hong Kong was the third-largest importer at 4,430mt, despite being a new importer for Canada.
American imports topped the copper scrap chart as well, showing an incline of 58pc in May to 5,727mt over 3,617mt in May 2020. China’s imports of Canadian copper scrap tripled in the same month to 3,646mt from 989mt in the year-ago period. Malaysia, the third-largest importer, saw its copper scrap imports fall by 12pc to 1,051mt from 1,191mt in May 2020.