US, Canada Aluminum exports shoot up during Jan-March

UNITED STATES May 26 2016 2:22 PM

NEW YORK (Scrap Register): Exports of aluminum from the US and Canada, excluding cross-border trade, totaled 762 million lb through the first three months of 2016, up 9.3% from the year-ago period, while aluminum imports totaled 1.685 billion lb, up 11.6%, as per the latest figures from the Aluminum Association.

US and Canadian aluminum demand, measured by domestic producer shipments plus imports, totaled 6.55 billion lb through March, up 0.7% year on year.

Over the same period, apparent consumption -- defined as demand less exports -- in domestic markets totaled 5.788 billion lb, down 0.4%.

Demand for semi-fabricated mill products totaled 4.552 billion lb through March, down 1.1% from a year ago.