CHICAGO Aluminum demand
rose in the United States and Canada last year while production
slipped, according to data released Feb. 25 by the Aluminum
U.S. and Canadian aluminum
demand jumped to 23.04 billion pounds in 2012, up 5.3 percent
from the previous year.
consumptiondemand minus exportsrose 6.6 percent to
19.3 billion pounds.
Demand for semifabricated mill
products was up 4.3 percent to 15.6 billion pounds, the group
On the trade front, exports of
aluminum ingot and mill productsexcluding cross-border
tradeslipped 1.3 percent to 3.72 billion pounds in 2012,
while imports increased 3.8 percent to 4.38 billion pounds.
Producer inventories stood at
2.43 billion pounds in December, up 0.4 percent from 2.42
billion pounds in November and 4.1 percent higher than December
2011 levels, the Arlington, Va.-based group said.
However, actual production
totaled 4.85 million tonnes in 2012, down 2.4 percent from
2011. On an annualized basis, primary aluminum production in
the United States and Canada reached 5.01 million tonnes in
January, up 0.1 percent from December and 4.2 percent higher
than January 2012.
associations index of net new orders for aluminum mill
products fell 0.8 percent in January from the same month last
year. Orders for flat-rolled products jumped 2.5 percent year
on year, but werent enough to offset an 11.4-percent
decline in orders for extruded products and a 6.4-percent drop
in orders for drawing stock, the association said.