SMM reported that data from China Customs showed that China imported 206,200 tonnes of aluminium scrap in the first two months of 2019, down 33.41%, or 103,500 tonne from the same period of 2018. China’s exports of unwrought aluminium alloy, however, rose 15,300 tonne or 21.62% in January-February. The data combined figures for January and February to smooth out distortions caused by the week-long Lunar New Year holiday. Chinese aluminium alloy producers usually use imported aluminium scrap as raw materials to avoid duties of 15% on exports of unwrought aluminium alloy. Such exports of unwrought aluminium alloy accounted for 95.93% of the total in 2018.
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