Industry News

US aluminium market shifts: Malaysia's imports surge to commanding 41% of exports by Sept 2023

Views : 65
Update time : 2024-01-02 17:04:24
Malaysia is a major aluminium importer from the United States. In 2022, the country accounted for 17 per cent of the United States aluminium crude metals and alloys exports and 20 per cent of the United States aluminium scrap exports.
Till September 2023, Malaysia accounted for 41 per cent of the United States aluminium crude metals and alloys exports and 17 per cent of the latter’s aluminium scrap exports. The data indicates that Malaysia’s aluminium crude metals and alloys imports from the United States have grown magnificently this year.

Malaysia’s aluminium crude metals and alloys imports

Rightly so, Malaysia’s crude metals and alloys imports from the US in September 2023 recorded a skyrocketing high on an annual basis by over 200 per cent from 6,180 tonnes to 18,800 tonnes. On a month-on-month calculation, Malaysia’s imports in September stood 800 tonnes higher than 18,000 tonnes.

 From January to September, Malaysia imported 133,000 tonnes of aluminium crude metals and alloys, up by 323.57 per cent from 31,400 tonnes during the corresponding period of the previous year.

Related News
Read More >>
EMR’s low-carbon aluminium project secures £3.4M funding from APC EMR’s low-carbon aluminium project secures £3.4M funding from APC
Nov .19.2024
EMR’s low-carbon aluminium project secures £3.4M funding from APC
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Nov .19.2024
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
Nov .19.2024
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
China’s tax policy reforms propel mining gains; USD strength could pose risks China’s tax policy reforms propel mining gains; USD strength could pose risks
Nov .19.2024
China’s tax policy reforms propel mining gains; USD strength could pose risks