Indonesia’s ferrous scrap imports rose 8pc in May 2021 to 72,121mt from 66,473mt in the same month last year and fell 81pc from 378,487mt this April, according to the country’s Customs data.
Import Volumes
Poland was the largest exporter of ferrous scrap to the country, in terms of volume, with an 838pc increase to 24,560mt in May this year from 2,618mt in May 2020. The second-largest exporter of ferrous scrap to Indonesia was Hong Kong, despite a 29pc decline to 10,512mt from 14,857mt within the same period.
Indonesia’s ferrous scrap imports also climbed 37pc from January to May this year at 728,869mt from 533,020mt during the same timeframe last year.
Aluminum Scrap Imports
The country’s aluminum scrap imports increased by 28pc this May to 10,625mt from 8,278mt in May 2020 and declined by 21pc from 13,410mt in April 2021. The United States remained the biggest exporter of aluminum scrap despite a 25pc decrease to 4,148mt in May 2021 compared to 5,509mt in the previous year. Germany recorded the second largest imports with a 106pc jump to 2,567mt from 1,246mt within the same timeframe.
Indonesia’s aluminum scrap imports jumped 19pc to 65,210mt in the first five months of 2021 from 54,989mt in the same period of last year.