NEW YORK U.S. exports of
nonferrous scrap fell in January on the back of a significant
decline in aluminum and copper scrap volumes, which together
represented more than 95 percent of shipments abroad for the
Nonferrous scrap exports tracked
by AMM totaled 261,628 short tons in the first month
of the year, according to the latest U.S. Commerce Department
data, down 7.4 percent from 282,413 tons in January 2012 and
7.1 percent below the 281,507 tons shipped abroad in December
While aluminum remained the
single-largest nonferrous scrap export commodity, exports
recorded the largest year-on-year volume loss, falling more
than 12,000 tons (7.5 percent) to 149,954 tons in January.
Shipments were also weaker month on month, falling 4.6 percent
from Decembers 157,112 tons.
Meanwhile, copper scrap exports
fell to 99,466 tons in January, down 6.8 percent year on year
and a 7-percent decline from December levels.
Exports of lower-volume
nonferrous scrap materials declined even more dramatically,
percentage-wise, in the first month of the year.
Nickel scrap exports of 1,846
tons in January fell 28.8 percent year on year, while exports
of aluminum used beverage cans fell 23.9 percent to 2,687 tons
in the same comparison.
Zinc and lead scrap were the
only categories to register gains in January, rising 5.1
percent and 0.8 percent, respectively, to 4,784 tons and 2,891
tons compared with the same month last year.