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AL CIRCLE

US aluminium market shift: 11.5% drop in primary production but 6.78% increase in scrap recovery during H1 2024

EDITED BY : 3MINS READ

In the first half of 2024, the United States experienced a sharp fall of 39,000 tonnes or 11.50 per cent in its primary aluminium production compared to the same period of the previous year. The drop was consistent each month, averaging a decrease of 7,000 tonnes to 8,000 tonnes per month from January to June 2024.

US aluminum market shift: 11.5% drop in primary production but 6.78% rise in scrap recovery during H1 2024

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The United States' total production of primary aluminium through the first half of 2024 amounted to 339,000 tonnes versus 378,000 tonnes a year ago.

In June 2024, the United States' primary aluminium production was 55,000 tonnes, down by 7,000 tonnes or 11.29 per cent from 62,000 tonnes a year ago. On a month-on-month basis, the output dropped by 2,000 tonnes from 57,000 tonnes.

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