US Aluminum scrap exports rise 5% till July 2012: USGS
Metal Recycling News | 2012-10-01 06:52:11
United States aluminum scrap exports, not included in the government's consumption statistics, advanced 5% year-on-year to 2.660 million pound (lb) till July this year, as per latest aluminum recycling statistics released by United States Geological Survey.
By Paul Ploumis
WASHINGTON (Scrap Monster): United States aluminum scrap exports, not included in the government's consumption statistics, advanced 5% year-on-year to 2.660 million pound (lb) till July this year, as per latest aluminum recycling statistics released by United States Geological Survey.
According to USGS data, country's primary aluminum production in July 2012 was 177,000 metric tons (t).
The average daily aluminum production was 5,710 t, slightly less than that during the previous month but 3% higher than that for July 2011.
Total aluminum recovered from scrap in July 2012 was 291,000 t, essentially the same as the amount recovered in the previous month but 14% more than the amount recovered in July 2011. Of this, 153,000 t of aluminum was recovered from new scrap, slightly more than the amount in the previous month and 13% more than the amount in July 2011.
The US aluminum industry purchased an estimated 802 million lb of aluminum scrap during July. That is up 15.4% over the July 2011 total of 694 million lb.
USGS estimated that recovery of aluminum and aluminum alloys totaled 641 million lb in July, 13.5% ahead of last year. During the first seven months of 2012, preliminary data indicated that recovery of aluminum from scrap totaled an estimated 4.416 million lb, up 13.5% over the same period of 2011.
