Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Russia’s unwrought non-ferrous exports increased by 48pc for aluminum and 6pc for copper in January-May compared to the same months in 2020 according to the country’s Customs data.


Aluminum exports in the first five months of the year increased to 1.22mn mt from 828,213mt in January-May 2020 while unwrought copper shipments climbed to 263,351mt compared to 248,671mt in the same period.


Unwrought Aluminum

In May, Russia exported 255,644mt of unwrought aluminum, up 89pc against 134,944mt in the same month last year. 


Turkey remained the lead importer of the commodity, with 52pc more cargo at 54,768mt against 36,031mt in the previous year. There was a corresponding increase of 43pc in monthly exports to the destination from 38,429mt in April.


Japan and the Netherlands followed with a 242pc and 52pc jump in unwrought aluminum import volumes to 37,649 mt and 30,231mt, respectively, in May on an annual basis. 


Unwrought Copper

The country’s unwrought copper exports increased by 19pc to 49,094mt in May from 41,284mt in the prior-year month period.


China was the biggest importer of the commodity with 19pc more cargo in May at 16,391mt compared to 13,774mt in the previous year. However, exports to this destination fell by 28pc from 22,794mt in April.


Germany was the second-largest importer of copper with a growth of 46pc to 9,127mt in May annually, whereas volumes to the Netherlands declined by 10pc to 7,538mt in the same period under review.

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