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12 MARCH 2019 AL CIRCLE

Aluminum Association reports 4% increase in aluminium demand in North America in 2018

EDITED BY : BEETHIKA BISWAS 1MINS READ

According to the latest report from Aluminum Association aluminium demand in the United States and Canada (shipments by domestic producers plus imports) was up 4% over the 2017 to an estimated 12.8 million tonnes in 2018. Demand for semi-fabricated (mill) products was also up 4% to 9.2 million tonnes during the year.  Exports of aluminium ingot and mill products from the U.S. and Canada in 2018 were up 15.4% over 2017 to 1.5 million tonnes, while imports were off 6.2% to 3.8 million tonnes.

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In the month of December 2018, demand for aluminium semi-finished products in the United States and Canada was up 6.9% YoY to an estimated 696,264 tonnes. In December 2018, shipments of aluminium sheet and plate were up 9.7% YoY to 415,491 tonnes. Extruded product shipments increased 3.4% year-over-year to 181,891 tonnes. Estimated shipments of aluminium ingot for castings, exports and other uses increased 3.5% to 258,094 tonnes in December.

Apparent consumption (demand minus exports) in domestic U.S. and Canadian markets increased 7% to 847,764 tonnes in December 2018. Apparent consumption in domestic markets was up 2.6% to an estimated 11.2 million tonnes in 2018. Producer inventories were up 8.2% YoY to 1.6 million tonnes in December.


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EDITED BY : BEETHIKA BISWAS 1MINS READ

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