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Aluminium Association of Canada Reports Decline in Exports to US

Metal News - Published on Thu, 30 Jul 2020

Image Source: Aluminium Association of Canada
According to the most recent data from the Aluminium Association of Canada, exports of standard P1020 aluminium from Canada into the United States have decreased on a monthly basis. The Aluminium Association of Canada is reporting an expected approximate 30 percent drop in the month of July in the industry’s exports to the US of standard commodity ingot or “P1020" (112 kt), over June numbers (155 kt). These numbers confirm a downward trend beginning with an initial reduction of 16% in June numbers over May (184,789). This nearly 40% downward trend for the last two months indicates improving recovery in demand for Value Added Products.

Production at smelters in North America shifted towards P1020 during first half 2020 in place of Value Added Products, as demand from the auto sector for these products dropped due to COVID-19.

Demand for Value Added Products is now restarting, allowing Canadian smelters to rebalance their production.

Source :

Posted By : Yogender Pancholi on Thu, 30 Jul 2020
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