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Commodity Mid Session News

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(08 Apr 2025, 12:44)

Commodities Buzz: US primary Aluminium production down around 10% in 2024


According to a latest update from US Geological Survey, the US primary aluminum production in December 2024 was 57,000 metric tons (t). The average daily production in December 2024 was 1,850 t, compared with 1,840 t in November 2024, and 10% less than that in both in December 2023 and December 2022. In 2024, domestic primary aluminum production was 676,000 t compared with 750,000 t in 2023, down around 10%. The average daily production in 2024 was 1,850 metric tons per day, 10% less than that in 2023, and 13% less than that in 2022. The December 2024 average U.S. spot market price of primary aluminum ingot was $1.38 per pound, compared with $1.39 per pound in November 2024, 17% more than that in December 2023, and 7% more than that in December 2022.
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