Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
12 APRIL 2019 AL CIRCLE

According to US Geological Survey, US aluminium production increased 43% YoY in January 2019; secondary recovery drops 6%

EDITED BY : BEETHIKA BISWAS 2MINS READ

According to the latest report from US Geological Survey, US primary aluminium production in January 2019 was 95,000 tonnes. The average daily production in January 2019 was 3,050 tonne, essentially unchanged from that in December 2018. However, the production registered a 43% increase from January 2018 and 52% more than January 2017. At this current rate, US aluminium production is likely to cross one million tonne in 2019.

{alcircleadd}

The aluminium sector continued to recover a large volume of scraps. Total aluminium recovered from scrap in January 2019 was 290,000 tonnes, unchanged from the previous month. However, the amount drops 6% YoY, indicating a drop in domestic recycling. Of this, 172,000 tonnes of aluminium was recovered from new scrap and 118,000 tonne was recovered from old scrap.

The average U.S. market price of primary aluminium ingot in January decreased slightly from that in December 2018 to about US$2271 per tonne. The average LME cash price of primary aluminium ingot in January dropped by 4% from that in December 2018 to US$1845 per tonne.

Inventories of primary aluminium in LME-approved warehouses in the US dropped to 48,225 tonnes at the end of January 2019 from 53,050 tonnes at the end of December 2018 indicating strong demand. Inventories of secondary aluminium (North American Secondary Aluminum Alloy Contract) also dropped to 126,340 t at the end of January 2019 from 133,200 t at the end of December 2018.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : BEETHIKA BISWAS 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.