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

Aluminum scrap exports from the US increased by 23.5 pc to 183,908mt in October compared with 148,940mt a year earlier, according to the US Census Bureau data. In January-October, aluminum scrap exports fell by 1pc to 1.51mn mt from 1.53mn mt in the same period last year. 


Shipments of Used beverage cans (UBC) shipments were declined by 85pc to 21,220mt from 146,808mt in October 2019. Export batches also consisted of 6,493mt of remelt scrap aluminum and 156,195mt of other aluminum scrap, a segment which mostly consists of non-ferrous Zorba. Both categories saw a surge from October 2019 when they tallied at a mere 818mt and 1,314mt, respectively. 


Malaysia was the largest importer in October, accepting 44,832mt of aluminum scrap with India and South Korea following at 38,731mt and 28,452mt, respectively. 


Most other US nonferrous scrap exports declined in October, with copper down 2.6pc to 72,043mt from a year earlier and nickel declining by 86pc at 1,670mt. Zinc and lead shipments also fell short by 3pc and 2.2pc to 2,502mt and 6,461mt, respectively. 

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