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US Nickel Scrap exports advance sharply by 40% during Jan-Aug

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NEW YORK (Scrap Register): United States nickel waste and scrap exports has advanced sharply by 40 percent to $112.44 million during the first eight months of this year, according to the latest data released by the U.S. Census Bureau.

United States has exported only $80.5 million worth nickel waste and scrap during January to August last year.

Canada is the biggest importer of US nickel waste and scrap during the first eight months of this year followed by Japan and UK.

Canada’s nickel waste and scrap import from United States has advanced by 46 percent to $89.17 million during January to August and which accounts 80 percent of US total exports.

Second biggest importer of US nickel waste and scrap was Japan with $6.56 million followed by UK with $5.84 million, Sweden with $2.93 million and Australia with $2.28 million.

However, United States imports of nickel waste and scrap gained sharply by 74.26% to $220.32 million during the first eight months of this year, as compared with $126.43 million last year.

The top five sources of import were the UK, Russia, Canada, Germany and China. These five countries accounted for 63.22% of all U.S. imports. The combined supplies from these countries totaled $139.28 million until August this year.

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