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Nonferrous scrap exports fall in April

Keywords: Tags  nonferrous scrap, scrap exports, aluminum scrap, used beverage containers, UBCs, copper scrap, lead scrap, nickel scrap zinc scrap

NEW YORK — U.S. nonferrous scrap exports remained depressed in April, falling from both the previous month and a year earlier.

Exports of nonferrous scrap totaled 253,572 short tons, down 12 percent from 288,118 tons in March and 18.8 percent below 312,450 tons in April last year.

The decline was led by another poor showing by aluminum and copper scrap, according to the latest data from the U.S. Commerce Department. Aluminum exports of 145,989 tons in April were down 12.8 percent from 167,334 tons the previous month and 17.9 percent from 177,726 tons a year earlier, while copper shipments of 92,324 tons fell 9.6 percent from 102,181 tons in March and 14.6 percent from 108,135 tons in April last year.

Lead scrap exports of 2,707 tons in April were down 26.6 percent from 3,686 tons in March, but was the sole item of the key nonferrous grades tracked by AMM to post a year-on-year gain, rising 2.8 percent from 2,634 tons.

Used beverage container (UBC) exports, while the sole item to rise vs. March, was the worst hit compared with April 2012. Exports totaled 2,553 tons in April, up 7.1 percent from 2,384 tons the previous month but down a whopping 65.9 percent from 7,479 tons in April last year.

Zinc scrap exports totaled 8,140 tons in April, down 15.4 percent from the previous month and 41.4 percent lower than a year earlier, while nickel scrap exports of 1,859 tons were down 36.2 percent from March and 28.2 percent from April last year.

Year-to-date exports of nonferrous scrap totaled nearly 1.1 million tons, down 12 percent from 1.25 million tons in the first four months of 2012.

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