Industry News

North America’s aluminium demand witnesses a 4.3% annual growth aligned with production surge

Views : 138
Update time : 2024-07-12 09:24:24

Aluminium demand in North America, stemming from the automotive, aerospace, construction, and packaging industries, is undergoing an upward movement, fuelled by a concerted move towards sustainability by manufacturers. The aluminium industry in North America is categorised by product type and end-user sectors. Aluminium castings, primarily serving the transportation sector, lead in demand among all product types, followed by flat-rolled products supporting the packaging industry.
 

According to AL Circle’s report “Global Aluminium Industry Outlook 2024,” North America accounted for approximately 21.5 per cent of the global aluminium flat-rolled product use and 8.25 per cent of extrusion use in 2023.

 

Related News
Read More >>
Ukraine warns of heavy losses from rising scrap metal exports Ukraine warns of heavy losses from rising scrap metal exports
Sep .19.2025
Ukraine warns of heavy losses from rising scrap metal exports
From Beijing to Washington: Is Mexico’s trade shift a strategic move or survival tactic? From Beijing to Washington: Is Mexico’s trade shift a strategic move or survival tactic?
Sep .19.2025
From Beijing to Washington: Is Mexico’s trade shift a strategic move or survival tactic?
Maan Aluminium revises valuation to strengthen long-term stability and profitability pressures Maan Aluminium revises valuation to strengthen long-term stability and profitability pressures
Sep .19.2025
Maan Aluminium revises valuation to strengthen long-term stability and profitability pressures
Aluminium alloy social inventory continues the buildup trend, focus on warrant registration next week Aluminium alloy social inventory continues the buildup trend, focus on warrant registration next week
Sep .19.2025
Aluminium alloy social inventory continues the buildup trend, focus on warrant registration next week