Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Primary and mill grade aluminum demand in the US and Canada has risen by 18.3pc in the first five months of 2021, going by early estimates from the Aluminum Association (AA).


The US and Canada’s aluminum demand was measured at 4.96mn mt for January-May. In May, demand was approximated at 985,656mt in the two countries, an increase of 48pc annually. The report also indicated that demand for mill-grade products or semi-finished aluminum goods rose by 13pc in January-May and 33pc in May. 


Exports of aluminum ingots (primary or secondary unspecified) from the US and Canada rose by 20.7pc to 433,635mt in the first five months, the AA noted, while imports declined by 4.2pc to 1.1mn mt during the same period. 


Primary aluminum production in the two countries continues to decline despite growing demand and consumption. In June, Canada’s production fell by 0.5pc over May while the US saw a 0.1pc uptick in the same period. 

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