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Metal Recycling News May 14, 2020 09:50:50 PM

Census Bureau Suggests Modest Surge in U.S. Nickel Scrap Exports

Paul Ploumis
ScrapMonster Author
As per data, the primary market of U.S. nickel scrap export was Canada.

Census Bureau Suggests Modest Surge in U.S. Nickel Scrap Exports

SEATTLE (Scrap Monster):  In accordance with the recent trade statistics published by the U.S. Census Bureau, the nickel scrap export by the country witnessed modest surge during Jan-Mar ‘20. The exports of nickel waste and scrap totalled $30.4 million through the first three months of the year. The exports increased by 2.44% year-on-year, compared to exports of $29.67 million in Jan-Mar ’19.

As per data, the primary market of U.S. nickel scrap export was Canada. The exports to that country were valued at $15.55 million, accounting for approximately 51% of total U.S. shipments. The second largest importer was the UK, whose imports from the U.S. totalled $3.71 million. In third place was Japan with imports of $3.06 million. The other key export destinations of nickel scrap from the U.S. were Australia ($2.84 million) and Germany ($1.40 million).

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Meantime, the imports of nickel waste and scrap by the U.S. witnessed modest increase by 7.50% year-on-year. The imports during the first three months of the current year totalled $70.79 million. This compares with the imports of $65.86 million in Jan-Mar ‘19. The top five sources of import were the UK ($20.74 million), Canada ($8.71 million), Mexico ($7.29 million), Russia ($6.12 million) and Germany ($5.89 million).

 

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