Aluminum Demand up Through Three Quarters
By
Metal Center News Staff on
Jan 21, 2025
Demand for aluminum industry products in the U.S. and Canada increased 4.6 percent through the first three quarters of 2024 compared with the prior year, the Aluminum Association reported. Aluminum demand totaled 20.7 million pounds through the first nine months of the year.
“This continued demand growth reflects the aluminum industry’s strength and ability to compete in a dynamic marketplace,” said Charles Johnson, president and CEO of the Aluminum Association. “While there may be some uncertainty ahead, aluminum will continue to be a critical material used to build a stronger, more sustainable America, and the industry stands ready to deliver.”
Sheet and plate products saw a 6.9 percent year-over-year demand growth through the third quarter while foil, extrusions and electrical products showed declines. In total, semi-fabricated product demand was up 2.5 percent year on year.
Imports of aluminum and aluminum products were down 8 percent through the first three quarters of the year.