US: New aluminum containers could cost as much as $100 per container
Posted On July 27, 2021
The United States is looking to import up to a quarter of its aluminum containers from Mexico, according to a report in the Los Angeles Times.
The report, citing sources in the Department of Commerce, said the Mexican government has approved imports of roughly 4 million aluminum containers per year.
As of March 2017, the Mexican Ministry of Industry and Trade said that Mexico’s imports of aluminum containers reached $9.6 billion, a 26.7% increase over the same period last year.
Mexico imported more than $6.5 billion worth of aluminum in 2017, according the Mexican news agency, Misiones.
In addition to increasing exports of aluminum, the Mexico-U.S. border has also seen increased use of plastic containers for transportation of hazardous materials.
Mexico has been moving away from aluminum containers since the end of the 2016 recession.
Earlier this year, President Enrique Pena Nieto signed a law requiring Mexican companies to use recycled aluminum containers.
But the government says the move is not aimed at reducing imports.
Instead, it is to encourage the use of alternatives.
“Our main objective is to ensure that these containers are produced with recyclable materials, and we want to promote this as the most sustainable and eco-friendly solution,” a government spokesperson told the newspaper.