Chinese Aluminum Invasion

Who is Columbus Scrap Cars? We are people that buy junk cars in the areas of Bexley, Lake Darby, and Huber Ridge. Those of us who pay money for a scrap car in Dublin and Madison can provide a junk car quote for the value of your junk vehicle. When contacting people that buy junk cars in Gahanna, Grandview Heights, or Minerva Park, simply have the year, make and model of the vehicle on-hand. Recently, the price for scrap cars throughout Grove City and Groveport has dipped due to the demand in the metal markets. Those seeking cash for a salvage car in New Albany and Galloway are in advised to contact CSC today!

An article in the March 9, 2016 edition of Recycling Today titled ‘US aluminum producers ask for action on China’ told us the following: “A trade union and a US-based aluminum producer are asking the government to investigate the level of government subsidization of in Chinese aluminum production. The group making the request says China’s aluminum has been pouring into the U.S. for over a year. A March 9 article in the Wall Street Journal says the United Steelworkers union (USW) and IL-based Century Aluminum Company also sent researchers to China last year to investigate evidence of government subsidies for aluminum makers there. The USW & Century Aluminum say they expect that evidence showing the Chinese government has been providing billions in subsidies to aluminum companies, including low-interest loans.

The Arlington, VA-based Aluminum Association has been issuing releases and comments making similar allegations. As the economy of China has begun to slow, and less of its metal is being used domestically, there is a severe oversupply of China-produced metal. This is driving an increase of imported their aluminum into the US. According to the Aluminum Association’s data, U.S. imports of aluminum products from China grew 181% between 2012 and 2015. The Journal article states the value of total aluminum exports from China as having risen from $6.2B in 2006 to $23.8B in 2015. Any findings confirmed by the U.S. government would likely be forwarded to the World Trade Organization (WTO) to seek remedies. A Chinese embassy spokesperson said that WTO member nations, including China, should strictly abide by the rules, and use trade remedy measures in a prudent, restrained compliant way.

Despite a booming US auto industry & the stable construction sector, primary US aluminum production declined 7.2% in 2015 compared to the year before. The Wall Street Journal says aluminum production in China has gained 31% in 2015. However, North American Free Trade Agreement (NAFTA) partner Canada was a larger factor in U.S. aluminum import markets in 2015. With the weak Canadian dollar, operators of smelters in Canada sent more than 2.8M tons of aluminum into the U.S. in 2015—over seven times the volume from China.” The full story is available here.

Get money for a scrap car

No need to leave that old car sitting around—get money for a scrap car today. Among the people that buy junk cars in Hamilton, Pickerington, and Reynoldsburg, we extend you fast & courteous scrap car removal. We do a lot more that provide a fast price for scrap cars, as complimentary junk car removal is included also. Our salvage car buying team is standing by 6 days a week in Upper Arlington, Westerville, and Whitehall to give you cash for cars. Some factors that influence the price for scrap cars include the vehicle’s condition, location, age and global market conditions. Are you seeking to scrap a salvage car for cash in the regions of Worthington, Brice, or Harrisburg, OH? In our business we strive to have a constructive environmental impact for the preserving key resources in the cities of Washington, Montgomery, and Franklin, OH. With our scrap vehicle recycling program in Lincoln Village and Amlin, fewer raw materials are used, which conserves energy & key natural resources.

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