US primary aluminium production shows a 4% monthly rebound in October, but no positive change seen in YTD output

Growing by about 4.4 per cent M-o-M, the United States' October output stood at 57,000 tonnes in October, following a 2.5 per cent drop in September from 56,000 tonnes to 54,600 tonnes. But unfortunately, this monthly hike was not enough to lead to an increase in the United States' year-to-date primary aluminium production that amounted to 563,000 tonnes this year, down by 18.16 per cent from 688,000 tonnes in the first ten months of 2023.

In fact, the United States' primary aluminium production in October saw a 6.6 per cent year-on-year fall from 61,000 tonnes to 57,000 tonnes.