China's aluminum scrap imports down by 60.52% MOM in Dec
2020-02-14 14:27:10 [Print]
BEIJING (Asian Metal) 14 Feb 20 - According to China Customs, China's import volume of aluminum scrap was about 1.4 million tonnes in 2019, down by 10.89% compared to 2018. China imported about 26,000t of aluminum scrap in December, down by 60.52% MOM and 82.51% YOY.
In 2019, China's import volume of aluminum scrap from the United States totaled about 378,000t, down by 26.4% YOY, and that from Hong Kong amounted to about 147,000t, down by 36.56% YOY. China imported about 111,000t from Malaysia in the year, up by 282% YOY, while it imported about 43,000t from Australia, down by about 60.98% YOY.
In December, China's import volume from Hong Kong was about 3,025t, down by 11.19% MOM; that from U.S. was about 2,683t, down by 86.47% MOM; that from Malaysia was about 1,489t, down by 75.35% MOM; that from Australia was about 1,131t, down by 66.22% MOM.
China's aluminum scrap imports by month from 1/2018 to 12/2019 (Kt)
In 2019, China's import volume of aluminum scrap from the United States totaled about 378,000t, down by 26.4% YOY, and that from Hong Kong amounted to about 147,000t, down by 36.56% YOY. China imported about 111,000t from Malaysia in the year, up by 282% YOY, while it imported about 43,000t from Australia, down by about 60.98% YOY.
In December, China's import volume from Hong Kong was about 3,025t, down by 11.19% MOM; that from U.S. was about 2,683t, down by 86.47% MOM; that from Malaysia was about 1,489t, down by 75.35% MOM; that from Australia was about 1,131t, down by 66.22% MOM.
China's monthly aluminum scrap imports by country or region from 1/2018 to 12/2019 (Kt)
China's aluminum scrap imports by country or region (Tonne)
China's aluminum scrap import quota for Q4 2019 was down significantly by about 85% from Q3, and the quota had already been used up by December, so China's imports of aluminum scrap for December suffered a dramatic decline.
Aluminum Scrap Zorba 98-1 CIF China
Unit:USD/mt
Africa bauxite producers' inventory to production ratio statistics by country by month
Unit: %
