Tariff is a pro for North America’s optimistic demand projection for 2025; 2024 already shows a 3.4% growth, setting the stage right

North America (US and Canada), which is currently embroiled in the ongoing trade war, is otherwise a key aluminium market, with demand consistently reaching millions of pounds annually, primarily driven by semi-fabricated and mill product. Although the demand decreased in 2023 to 26,087 million pounds (11.83 million tonnes), it rebounded the next year to 26,969 million pounds (12.24 million tonnes), marking an annual growth of 3.4 per cent.

The rise in demand was also evident in aluminium shipments, which increased in 2024 by 3.2 per cent Y-o-Y from 22,987 million pounds to 23,729 million pounds.
Unlock full access – sign up for FREE.
Key benefits
Alcoa’s Q1 2025 performance displays stable 26% EBITDA growth amid first phase of tariff pressure
Next articleAluminium prices sink below $2,400 amid US-China tariff clash
Grow with
AL Circle






















