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

UK’s exports of ferrous and non-ferrous scrap dropped in March due to disruptions caused by COVID-19 driven lockdowns in the the exporting as well as importing countries. Copper scrap exports saw the biggest drop, while aluminium scrap exports dropped marginally.

 

The UK exported scrap metal to traditional markets. However, Thailand’s imports of aluminium scrap soared by 1,310pc to 3,964mt from a year ago and Pakistan’s imports of ferrous scrap and stainless steel scrap both jumped by 88.9pc and 775.8pc, respectively.

 

UK exports (mt)Mar-20Mar-19% changeJan-Mar 2020Jan-Mar 2019% change
Copper scrap20,64732,983-37.465,46679,416-17.6
Major importers      
China5,51711,202-50.715,95826,246-39.2
India3,1002,76312.28,7148,3704
Germany1,9573,596-45.67,16210,888-34.2
Aluminium scrap37,43039,863-6.1113,882110,8562.7
Major importers      
India11,11412,574-11.634,81231,8379.3
China7,8319,757-19.723,95727,818-13.8
Thailand3,96428113105,2751,198340
Ferrous scrap722,013806,760-10.51.88mn2mn  -6
Major importers      
Turkey257,363326,823-21.2647,150585,95310.4
Pakistan110,43958,43688.9254,602192,16332.5
India88,45878,15713.2227,576 276,494-17.7
Stainless steel scrap41,81450,688-17.580,74691,773-12
Major importers      
Pakistan13,0231,487775.822,7577,921187
India10,15811,991-15.317,19523,923-28.1
Spain568210,242-459,60814,18032.2

 

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