Industry News

US aluminium crude metal and alloy imports decline due to less contribution by UAE and Australia

Views : 473
Update time : 2024-10-09 15:20:21
In the first half of 2024, the United States aluminium crude metal and alloy imports recorded a year-on-year decline of 7.04 per cent. Although the import volume increased Q-o-Q in the June quarter, it was not enough to offset the total deterioration of H1. From 911,000 tonnes in Q1, the United States aluminium crude metal and alloy imports rose to 940,000 tonnes in Q2, marking a gain of 3.18 per cent.

Year-on-year, the import volume in the second quarter edged a decline of 16.59 per cent from 1.127 million tonnes, which primarily resulted in a downward trajectory through H1 2024. The year-on-year growth in the United States Q1 imports of about 5.8 per cent (from 861,000 tonnes to 911,000 tonnes) was too little to mitigate the overall downturn.

According to the US Geological Survey, the United States aluminium crude metal and alloy imports through the first half of 2024 totalled 1.85 million tonnes versus 1.99 million tonnes in H1 2023.

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern