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12th Rare Earth Summit

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May 14-15, 2020
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TBD
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June 13-14, 2019
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May 9-10, 2019
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8th Magnesium Summit

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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.Asian Metal Copyright19% MOM; that from U.Asian Metal Copyright4 million tonnes in 2019, down by 10.Asian Metal Copyright98% YOY.Asian Metal Copyright89% compared to 2018.Asian Metal Copyright89% compared to 2018.Asian Metal Copyright China imported about 26,000t of aluminum scrap in December, down by 60.Asian Metal Copyright89% compared to 2018.Asian Metal Copyright52% MOM and 82.Asian Metal Copyright72% Total 25,971 -60.Asian Metal Copyright51% YOY. 

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.Asian Metal Copyright56% YOY.Asian Metal Copyright56% YOY.Asian Metal Copyright In December, China's import volume from Hong Kong was about 3,025t, down by 11.Asian Metal Copyright 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.Asian Metal Copyright19% MOM; that from U.Asian Metal Copyright98% YOY.

In December, China's import volume from Hong Kong was about 3,025t, down by 11.19% MOM; that from U.Asian Metal Copyright72% Total 25,971 -60.Asian Metal CopyrightS.Asian Metal Copyright China's monthly aluminum scrap imports by country or region from 12018 to 122019 Kt China's aluminum scrap imports by country or region Tonne Dec MOM YOY Hong Kong, China 3,025 -11.Asian Metal Copyright was about 2,683t, down by 86.Asian Metal CopyrightS.Asian Metal Copyright47% MOM; that from Malaysia was about 1,489t, down by 75.Asian Metal Copyright89% compared to 2018.Asian Metal Copyright35% MOM; that from Australia was about 1,131t, down by 66.Asian Metal Copyright19% MOM; that from U.Asian Metal Copyright22% 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)

Dec

MOM

YOY

Hong Kong, China

3,025

-11.19%

-88.59%

U.S.

2,683

-86.47%

-93.28%

Malaysia

1,489

-75.35%

-44.40%

Australia

1,131

-66.22%

-69.72%

Total

25,971

-60.52%

-82.51%


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.

.Asian Metal Copyright was about 2,683t, down by 86.Asian Metal Copyright