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Metal Recycling News September 09, 2020 09:40:15 PM

U.S. Exports of Nickel Scrap Reported Notable Decline

Paul Ploumis
ScrapMonster Author
The primary importer of nickel waste and scrap from the US was Canada.

U.S. Exports of Nickel Scrap Reported Notable Decline

SEATTLE (Scrap Monster): The most recent statistics published by the US Census Bureau suggests significant decline in exports of nickel waste and scrap by the country during the initial seven-month period this year. The exports were down considerably by nearly 29% over the previous year. The exports of nickel waste and scrap totalled $53.87 million during Jan-Jul ’20 as compared with the exports of $75.63 million during the similar seven-month period in 2019.

The primary importer of nickel waste and scrap from the US was Canada. The YTD imports by Canada nosedived by nearly 48% from the previous year to total $24.82 million. The second largest destination was Japan, which imported $8.75 million worth of nickel waste and scrap from the US. The exports to the UK skyrocketed from the year before to $6.03 million. The other key export destinations were Australia ($4.09 million) and Germany ($2.44 million).

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The top five importers together accounted for nearly 86% of all the nickel waste and scrap exported by the US through July this year.

Meantime, imports of nickel waste and scrap by the US have dropped by 26% during the YTD period through July. The imports totalled $130.97 million during Jan-Jul ’20. The top five sources of US imports were the UK, Russia, Canada, Germany and Mexico.

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