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Nonferrous scrap exports ease in Sept.

Keywords: Tags  nonferrous scrap exports, aluminum scrap, copper scrap, zinc scrap, nickel scrap, UBCs, Daniel Fitzgerald

NEW YORK — Nonferrous scrap metal exports fell in September as volume leader aluminum dipped 5.6 percent month on month.

Exports of all nonferrous metals tracked by AMM totaled 296,282 short tons in September, down 4.8 percent from 311,224 tons in August and 9.7 percent below the 328,212 tons shipped abroad in September 2011, according to U.S. Commerce Department data.

Aluminum scrap exports of 176,477 tons fell from 186,981 tons in August and dropped 10.3 percent from 196,649 tons in September 2011.

Copper scrap exports totaled 105,054 tons in September 2012, down 2.7 percent month on month and 8.2 percent lower year on year.

Zinc scrap exports of 7,567 tons in September fell 1.1 percent from August and 6.7 percent from September 2011.

Lead scrap exports of 1,603 tons fell 18.1 percent and 6.5 percent in the same comparisons.

Bucking the month-on-month trend downward, nickel scrap exports rose 1.6 percent to 2,124 tons compared with August. However, the total remained 39.7 percent below the year-earlier tally of 3,524 tons.

Nonferrous scrap exports for the first nine months of 2012 totaled 2.77 million tons, down 2 percent from 2.82 million tons in January-to-September 2011.

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