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In the US, the increasing demand for aluminum in fields like packaging and transport, which boosts recycling companies’ business. For example, Novelis, one of the leading rolled aluminum producers in the world, was about to spend US$36 million to expand its recycling capacity; The figure for Matalco-Canada company was around US$80 million; Furthermore, the total investment amount for JW Aluminum was US$255 million.

So far, there was no import tariff for aluminum scrap. Thus, many companies flow into the scrap business. From London Metal Exchange (LME), the current price of aluminum scrap was US$1,230 the number a year ago was around US$2,000.

In 2018, there were approximately 5.9 million tons of aluminum scrap produced in the US, among them, only 0.9 million tons would be exported and the rest of them would be consumed nationally.

Globally, the total consumption of aluminum was about 67 million tons, and this year the US consumed around 15% of it with 10 million tons.