Author: Paul Ploumis
15 Jan 2015 Last updated at 02:56:45 GMT
MUMBAI (Scrap Monster): The latest research report published by InfodriveIndia.com indicates that the country's total imports of Aluminum and Aluminum articles rose considerably by nearly 13% during Dec '14. The report also states that the imports of Aluminum waste and scrap grew nearly 12% month-on-month during Dec '14.
The total value of imports of Aluminum waste and scrap in Dec '14 amounted to USD 143.69 Million, 11.76% higher when compared with the imports that amounted to USD 128.58 Million during November. Month-on-month, the value of imports surged higher by USD 15.11 Million. The major importers of Aluminum waste and scrap to India were Saudi Arabia, UAE, UK, USA and Netherlands.
The total value of imports of Unwrought Aluminum in Dec '14 amounted to USD 72.24 Million, 42.7% higher when compared with the imports that amounted to USD 50.62 Million during November. Month-on-month, the value of imports surged higher by USD 21.62 Million. The major importers of Unwrought Aluminum to India were UAE, Malaysia, Bahrain, Thailand and Russia.
The total value of imports of Aluminium Plates, Sheets and Strip in Dec '14 amounted to USD 41.03 Million, 13.14% lower when compared with the imports that amounted to USD 47.23 Million during November. Month-on-month, the value of imports has dropped by USD 6.20 Million. The top five importers of Aluminium Plates, Sheets and Strip to India were China, Korea, Canada, UK and Bahrain.
The net value of imports of Aluminium Foil in Dec '14 amounted to USD 34.64 Million, 8.03% higher when compared with the imports that amounted to USD 32.06 Million during November. Month-on-month, the value of imports has increased by USD 2.58 Million. The leading importers of Aluminum Foil to India were China, Korea, Malaysia, Germany and Greece.
The country's total imports of Aluminum and Aluminum Articles grew 12.75% from the previous month to US $343.28 Million in Dec '14.
