Us imports of Canadian waste aluminum increased by 16% in May compared with the previous month.

Published: Sep 2, 2020 09:55
Source: China Nonferrous Network

SMM News: in May, the United States imported 19800 tons of waste aluminum from Canada, an increase of 16.47 percent over the previous month, compared with 17000 tons in April. The United States imported 5490 tons of Canadian waste aluminum in March and 5300 tons in February.

Compared with the same period last year, US imports of Canadian aluminum scrap fell 42 per cent in May from 34100 tons in the same period last year.

In May, the United States imported a total of 259000 tons of aluminum products (including aluminum extrusions and semi-finished products) from Canada, an increase of 53 percent over the same period last year and 169000 tons in the same period last year.

From January to May, the United States imported a total of 1.25 million tons of aluminum products from Canada.

After Canada, the second largest source of waste aluminum in the United States is Mexico. In May, the United States imported 14900 tons of Mexican aluminum scrap, up 8 percent from a month earlier, compared with 13800 tons in April.

According to colored treasure, on August 6, US President Trump signed a notice announcing that the United States would resume imposing a 10% tariff on some aluminum products imported from Canada, which will take effect on August 16. The move caused strong dissatisfaction from the Canadian government and people in the aluminum industry. on the evening of the 6th local time, Canadian Prime Minister Trudeau and Deputy Prime Minister Christian Freeland announced that Canada would impose tariffs on imports of American goods. the total amount of tariffs imposed will be equal to that of the United States.

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Us imports of Canadian waste aluminum increased by 16% in May compared with the previous month. - Shanghai Metals Market (SMM)