China aluminium scrap imports fell 40.4% in October

Published: Dec 23, 2020 14:50

Save

China imported 47,000 mt of aluminium scrap in October, down 40.4% on the month, and down 21.5% on the year, and imports totalled 680,000 mt in the first ten months of 2020, down 48% from the same period last year, the latest customs data showed.

SHANGHAI, Dec 23 (SMM) – China imported 47,000 mt of aluminium scrap in October, down 40.4% on the month, and down 21.5% on the year, and imports totalled 680,000 mt in the first ten months of 2020, down 48% from the same period last year, the latest customs data showed.

Overall approved aluminium scrap imports in the 1st-13th batches this year amounted to 819,000 mt. The rest of approvals from Q1 to Q4 stood at 139,000 mt. According to the actual import, apart from the remaining 139,000 mt of approvals, a small amount of aluminium scrap has entered China with the new tariff in early November. If the approvals are fully used, it is estimated that the import of aluminium scrap in November and December will stand at about 150,000 mt, with an average monthly import of 75,000 mt.

Customs data Aluminium Aluminium scrap

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Driven by the decline in aluminum prices, market buying sentiment surged [SMM Midday Review of Spot Aluminum]

1 hour ago

Huawei Launches New AI Data Infrastructure for Enhanced Inference Scenarios

On March 17, at the 2026 Huawei Data Storage Spring Launch Event, Huawei officially released a new AI data infrastructure for AI inference scenarios, including an AI data platform for centralized inference scenarios and the FusionCubeA1000 AI hyper-converged appliance for branch and edge inference scenarios, aiming to comprehensively upgrade the AI inference experience, significantly lower the barrier to inference deployment, and accelerate a positive business cycle for AI.

1 hour ago

2 hours ago

【SMM Aluminum Flash News】Malaysia Annuls Trade Pact After Supreme Court Rejects Tariffs, Awaits Official Cancellation

Following the US Supreme Court’s Feb 20 decision striking down President Trump’s authority to impose global tariffs under the IEEPA, Malaysia became the first nation to abandon a pact tied to the strategy. On March 15, MITI Minister Johari Ghani declared the US-Malaysia Agreement on Reciprocal Trade (ART) "null and void."As of March 18, Malaysia still awaits official written notice of the cancellation. Johari stated future talks rely on revised US proposals.The US is now imposing a temporary five-month global tariff of 10% under Section 122 of the Trade Act of 1974. Concurrently, Washington is investigating 60 countries under Section 301 for trade violations, which Johari noted the Court requires to legally justify any future targeted tariffs.

2 hours ago