Role reversal: Thailand replaced Malaysia as the second-largest aluminium scrap importer in September 2024
The latest data from the US Geological Survey reflects a shift in the market dynamics for aluminium scrap in Thailand and Malaysia. Thailand, which usually happens to be the third-largest aluminium scrap importer from the United States, ranked second in September, beating Malaysia’s import volume.
According to the USGS data, Thailand accounted for 18 per cent of the United States aluminium scrap exports, while Malaysia contributed 17 per cent. On a month-on-month basis, the United States aluminium scrap exports to Thailand grew by 20.45 per cent, but exports to Malaysia decreased by 4.5 per cent.
Thailand imported 31,800 tonnes of aluminium scrap from the United States in September, compared to 26,400 tonnes in August. On a year-on-year basis, the import in September 2024 increased by 37 per cent from 23,200 tonnes.
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