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Primary aluminium production in North and South America demonstrates steady annual growth

Primary aluminium production in North and South America demonstrates steady annual growth

According to the International Aluminium Institute (IAI), North America’s primary aluminium production dwindled over a month in April 2024 but did not shy away from recording an annual hike.
Total production in the four months of 2024 also increased on an annual basis, indicating an overall positive trend of operation at North American smelters.
As per the data revealed by IAI, primary aluminium production in North America during April 2024 amounted to 331,000 tonnes, reflecting a fall of 2.93 per cent or 10,000 tonnes from 341,000 tonnes a month ago. However, on a year-on-year calculation, the output stood at 11,000 tonnes or 3.44 per cent higher compared to 320,000 tonnes.
From January to April 2024, North America produced 1.329 million tonnes of primary aluminium, which marked an increase of 5.56 per cent from 1.259 million tonnes during the corresponding period of the earlier year.
The daily average production of alumina in North America was 11,000 tonnes during April 2024, slightly up from 10,700 tonnes a year ago but remained unchanged M-o-M despite a drop in monthly output.
Similarly, primary aluminium output in South America also registered a month-on-month downfall and a year-on-year growth during April 2024. According to IAI, South America’s primary aluminium production in April was 123,000 tonnes, down by 3.15 per cent from 127,000 tonnes in March 2024 but up by 4.24 per cent from 118,000 tonnes in March 2023.
Total production from January to April 2024 was 497,000 tonnes, up by 4.85 per cent from 474,000 tonnes during the same period of the previous year.