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“All mills would prefer to take more scrap if they could,” they said, adding that not all of them “have that ability.” “Some buyers don’t have the ability to switch to scrap,” a US trader told Fastmarkets on Wednesday. Sources have argued, however, that scrap is not always interchangeable with the primary aluminium material producers may need. We believe there is no reason to be exporting this scrap to countries we have already taken trade action against,” Aluminum Association president and chief executive officer Charles Johnson said at a September 18 press roundtable. Because UBCs are a “valuable and usable scrap stream,” they should be prioritized under potential scrap export restrictions, the Aluminum Association wrote, aluminum ubc scrap price today maintaining its previous stance.
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Current bipartisan legislation in Congress including the CIRCLE Act would act as a downpayment on improving American recycling infrastructure. Government investment and public-private partnerships could speed up this process and enable the industry to keep more scrap at home for domestic use. Trade codes today lump many types of scrap together, making it difficult to enforce rules. Immediate action on UBCs will support U.S. aluminum industry investment in the near term and further efforts to onshore manufacturing. Focused, surgical export controls on specific, mill-ready grades can keep high-value material at home—closing a major share of the U.S. supply gap with scrap we already generate. Today about two-thirds of the primary aluminum the United States uses each year is imported from Canad
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Consider expanding export controls to other mill-ready scrap over ti
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