Market News
2023: US domestic primary aluminium production sees a 13% fall Y-o-Y; daily output mirrors the trend

According to the US Geological Survey, the United States’ domestic production of primary aluminium in December 2023 stood at 64,000 tonnes, reflecting an increase of 3,000 tonnes or 4.9 per cent M-o-M from 61,000 tonnes. On a year-on-year calculation, the output remained absolutely unchanged, as per the data.

The United States’ total primary aluminium production in 2023, however, experienced a downfall of 12.89 per cent from 861,000 tonnes to 750,000 tonnes.

The average daily production in December 2023 was 2,060 tonnes, restrained compared to the previous year and essentially unchanged from 2,040 tonnes in November 2023. The average daily output in full-year 2023 was 2,050 tonnes per day, down by 13.14 per cent from 2,360 tonnes.

The total amount of aluminium recovered from scrap in December 2023 was 262,000 tonnes—2.6 per cent less than 269,000 tonnes a month ago but 0.38 per cent more than 261,000 tonnes a year earlier. Of this, 145,000 tonnes was recovered from new scrap and 118,000 tonnes from old scrap.

In 2023, the total volume of aluminium recovered from scrap was 3.31 million tonnes, essentially unchanged from 3.39 million tonnes in 2022.