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Updates on North American aluminium market
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The Aluminum Association released the latest edition of the Aluminum Statistical Review for 2013. In 2013 in the U.S. and Canada demand for aluminum (producer net shipments and imports) increased by 2.0 percent to 24.2 billion pounds. Supply of aluminum (domestic primary production, secondary production and imports) grew by 0.9 percent to 25.4 billion pounds. Shipments in the transportation sector grew 4.6 percent to 7.4 billion pounds. Shipments in the building and construction market increased 0.9 percent to 2.6 billion pounds. Container and packaging shipments declined 1.3 percent to 4.6 billion pounds. Net shipments of semi-fabricated or mill products increased 1.5 percent over the previous year to 16.5 billion pounds.
The aluminum industry continues to see positive demand growth in a variety of key markets. In 2013, the industry shipped more than 24 billion pounds of metal for the first time since before the recession. Demand is up nearly one-third (31 percent) overall since 2009 and is approaching record-setting levels. Demand in the building and construction sector has grown nearly 11 percent since 2009 while the transportation market has grown an unprecedented 75 percent during the same time period. The aluminum industry has committed to more than $2 billion in domestic capital investment to capture anticipated demand growth in the coming years.
Source: Aluplanet
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