Imports of standard P1020 aluminium to the United States from Canada continued to decline in September, while as demand for value-added products (VAP) has revived, US Census Bureau data shows.
According to the data, imports of unalloyed, P1020 primary aluminium from Canada totalled 66,100 tonnes in September, down by 52.5% year-on-year and 48.7% compared with August.This was the third consecutive monthly decline of these imports and has already had an impact on US aluminium premiums, which have been inching higher due to the supply squeeze resulting from the...