NEW YORK Nonferrous scrap
exports lost some ground in November as shipments of most major
Exports for the nonferrous scrap
grades tracked by AMM totaled 281,850 short tons in
November, down 11.4 percent from Octobers 317,963 tons
and 11.6 percent below the 318,878 tons shipped overseas in
November 2011, U.S. Commerce Department data show.
The monthly slide sent shipments
for the first 11 months of the year to 3,365,998 tons, down 2.6
percent from the same period a year earlier.
Aluminum scrap exports lost the
most ground by volume, declining to 156,019 tons in November.
Thats down 12.3 percent from 177,930 the prior month and
17.8 percent below the year-earlier 189,706 tons.
Red metal exports, the
second-largest volume leader after aluminum in U.S. nonferrous
scrap exports, also dropped in November to 107,929 tons, down
10.5 percent month on month and 5.3 percent lower than November
As a result, the totals for
aluminum and copper scrap exports during the first 11 months of
2012 were down 2.8 percent and 2.7 percent, respectively, to
1,961,469 tons and 1,210,606 tons.
Also registering monthly
declines were aluminum used beverage cans (UBCs), nickel and
UBC exports fell 30.2 percent to
3,854 tons in November but remained 3.6 percent above levels
seen in the same month the previous year. That put the 11-month
tally at 52,502 tons, up 26.6 percent year on year.
Nickel scrap exports of 2,235
tons slid 8.2 percent month on month in November but were still
14.3 percent higher year on year. For the first 11 months of
2012, nickel scrap exports fell 18 percent to 26,473 tons.
Offshore sales of lead scrap
plummeted to 1,870 tons in November, down 54.3 percent from
October and 31.5 percent below November 2011 levels. That put
the January-to-November total at 26,115 tons, down 19.1 percent
from the comparable 2011 period.
Zinc scrap was the only category
to buck the trend, with deliveries abroad rising 33.8 percent
month on month and 47 percent year on year to 9,943 tons. That
pushed the total for the first 11 months of the year up 3.1
percent to 88,833 tons.