South America outpaces North America in primary aluminium production growth rate for July 2024
According to the International Aluminium Institute's data, primary aluminium production in the Americas totalled 464,000 tonnes, of which 71.98 per cent was contributed by North America and 28 per cent by South America.
On a month-on-month basis, the total output in the Americas marked an increase of 2.88 per cent from 451,000 tonnes, while that on a year-on-year calculation recorded a growth of 2.2 per cent from 454,000 tonnes.
Interestingly, the month-on-month and year-on-year growth rate was higher in South America than in the North, despite the latter region being a crucial hub for primary aluminium production. To delve deeper into this observation, continue reading our detailed analysis.
Production Overview - South vs North America
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