US, Canada Aluminum exports shoot up during Jan-March-Shanghai Metals Market

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US, Canada Aluminum exports shoot up during Jan-March

Industry News 09:13:40AM May 27, 2016 Source:SMM

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.


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#1 Refined Cu
May.21
47800.0
5.0
(0.01%)
Aluminum Ingot
May.21
14240.0
-40.0
(-0.28%)
#1 Lead
May.21
16000.0
-150.0
(-0.93%)
0# Zinc
May.21
21140.0
-130.0
(-0.61%)
#1 Tin Ingot
May.21
144750.0
0.0
(0.00%)

US, Canada Aluminum exports shoot up during Jan-March

Industry News 09:13:40AM May 27, 2016 Source:SMM

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.