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North American aluminium demand records a 4.5% drop through H12023

North American aluminium demand records a 4.5% drop through H12023

The Aluminum Association published its monthly Aluminum Situation report, which includes early projections indicating a 4.5 per cent decline in demand for the aluminium industry in North America (comprising the United States and Canada) for the first half of 2023. As per the report, the aggregate demand for aluminium in the United States and Canada, including shipments by local manufacturers and imports, was around 13.3 million pounds during the first quarter, in contrast to the 13.9 million pounds recorded in the first half of 2022.
"While aluminum demand has declined in the first half of 2023 following a buoyant 2022, it remains relatively strong compared to the past decade. Projects to build new, U.S.-based aluminum rolling mills for the first time in decades are underway as the long-term industry outlook is quite strong," said Charles Johnson, president & CEO of the Aluminum Association."

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