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
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 |