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  • Chinese aluminum scraps import volume down by 8.12% YOY in 2016

    2017-01-25 08:30:03   [Print]
    BEIJING (Asian Metal) 25 Jan 17 - According to China Customs Data, China imported around 1.92 million tonnes of aluminum scraps in 2016, down by 8.12% YOY. Last December, the import volume moved down by 10.2% MOM to around 178,000t.

    Unit: KT

    Chinese aluminum scraps import by month

    During the Christmas Holiday overseas, aluminum scraps supply became tight last December, which supported aluminum scraps prices at a high level.

    The US remained the biggest aluminum scraps supplier to China with a volume at around 570,000t, down by 11.1% YOY in 2016, accounting for 29.7% of China’s total imports. The volume from Hong Kong China climbed up by 9.5% YOY to around 365,000t, 19% of Chinese total imports.

    Unit: KT

    Chinese aluminum scraps import by major countries by month

    Australia was the third biggest supplier in 2016, with a volume of 317,000t, followed by Malaysia and the UK, with the volume at 271,000t and 122,000t respectively.

    Unit: KT

    Chinese aluminum scraps import by year

    With rising supply from Chinese domestic market, the aluminum scraps import volume kept sliding down over the past few years. Chinese secondary aluminum alloy producers focused on Chinese origin aluminum scraps.

    Unit: KT

    Chinese aluminum scraps import by major countries by year

    Chinese aluminum scraps import by countries in 2016

    Dec

    YOY%

    Jan-Dec

    YOY%

    Total

    177,947

    6.43

    1,917,435

    -8.12

    The US

    58,083

    7.32

    569,545

    -11.11

    Australia

    28,396

    39.81

    316,842

    -3.85

    Hong Kong China

    26,801

    -7.59

    365,129

    9.51

    Malaysia

    25,977

    -1.4

    271,380

    11.25

    The UK

    13,939

    118.41

    121,955

    28.72


    Aluminum Alloy ADC12 FOB China
    Unit:USD/mt
    China secondary aluminum alloy producers' sales to production ratio statistics by province by month
    Unit: %
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