Metal Center News

JAN 2018

Metal Center services the metal center and toll processor industry.

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A luminum demand in the U.S. and Canada totaled 26.4 billion pounds in 2016, according to the lat- est edition of the Aluminum Associa- tion's Aluminum Statistical Review. The report, which includes statisti- cal information on all aspects of the aluminum value chain, shows that alu- minum demand increased 2.6 percent in 2016, making it the seventh-consecu- tive year of demand growth. Since 2009, aluminum demand is up 41 percent and approaching record levels that were last seen in the mid-2000s. Continued demand increases were driven by growth in the automotive mar- ket, according to the report. Aluminum shipments for use in passenger vehicles totaled 5.9 billion pounds last year, and 2016 marked the second straight year of record shipments. Total imports jumped nearly 33 per- cent for the year to a record 7.3 billion pounds. "We are pleased to see demand growth continue for a seventh consecu- tive year, as more and more companies look to aluminum as a solution to mod- ern manufacturing challenges," says Heidi Brock, president and CEO of the Aluminum Association. "However, we take the dramatic increase of imports seriously and are working to address structural overcapacity in the Chinese aluminum sector, which is driving much of this increase. We will continue our work to enforce U.S. unfair trade laws as we seek a level playing field." Among the report's key findings for the North American industry, pri- mary aluminum production decreased 9.8 percent from 2015 to 8.9 billion pounds. Shipments to the transportation sector increased 1 percent to 9.3 billion Aluminum Demand Up for Seventh-Straight Year www.metalcenternews.com Metal Center News — January 2018 ❘ 43 Association News MSCI November Steel, Aluminum Shipments Grow in U.S., Slow in Canada S hipments of U.S. steel and alumi- num products showed year-over-year gains in November, but Canadian ship- ments slowed significantly for the month, according to the latest Metals Activity Report from Rolling Meadows, Ill.-based Metals Service Center Institute. U.S. service center activity U.S. service centers shipped 3.2 mil- lion tons of steel products in November, up 6.8 percent from the same month last year, but down 7.2 percent from Octo- ber. Year-to-date shipments of 36.1 mil- lion tons were 3.9 percent higher than the total through 11 months last year. Service center steel inventories to- taled 7.6 million tons at the end of the month, a year-over-year increase of 7.9 percent, but down 1.3 percent from MSCI Metals Activity Report for November Steel Products (tons in '000s) % change Aluminum Products (tons in '000s) % change U.S. Shipments U.S. Shipments YTD 2017 36,122.7 +3.9 YTD 2017 1,516.8 +8.2 YTD 2016 34,773.7 YTD 2016 1,401.4 U.S. Inventories U.S. Inventories Nov. - 17 7,587.0 +7.9 Nov. - 17 392.2 +3.4 Nov. - 16 7,033.8 Nov. - 16 379.4 Canadian Shipments Canadian Shipments YTD 2017 4,250.0 +3.1 YTD 2017 114.2 -0.6 YTD 2016 4,123.0 YTD 2016 114.9 Canadian Inventories Canadian Inventories Nov. - 17 1,134.5 +4.3 Nov. - 17 31.3 +1.3 Nov. - 16 1,087.7 Nov. - 16 30.9 pounds. Transportation is the largest single market for aluminum shipments and 35.2 percent of total net shipments, according to the Aluminum Association. The transportation market has grown nearly 116 percent since 2009. The report also found that ship- ments in the building and construction market increased 3.3 percent to 3.2 billion pounds. Overall, the market is up more than 25 percent since 2009. Additionally, container and packag- ing shipments were up 1 percent over 2015 at 4.8 billion pounds. Canadian aluminum exports totaled 8.2 billion pounds in 2016, a year-over- year increase of 8.5 percent. The Aluminum Statistical Review provides comprehensive data and in- formation on the aluminum sector to in- dustry stakeholders, financial analysts, government agencies, students and the general public. To purchase a down- load of the 2016 Aluminum Statistical Review, visit the Aluminum Association bookstore at www.aluminum.org.

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