TABLE 1 | ||||||||||||
SALIENT ALUMINUM STATISTICS1 | ||||||||||||
(Thousand metric tons unless otherwise specified) | ||||||||||||
2011 | 2012 | 2013 | 2014 | 2015 | ||||||||
United States: | ||||||||||||
Primary production: | ||||||||||||
Quantity | 1,986 | 2,070 | 1,946 | 1,710 | 1,587 | |||||||
Value | millions | $5,083 | $4,608 | $4,042 | $3,937 | $3,085 | ||||||
Price, average, U.S. market, spot | cents per pound | 116.1 | 101.0 | 94.2 | 104.5 | 88.2 | ||||||
Inventories (December 31): | ||||||||||||
Aluminum industry2 | 1,060 | 1,140 | 1,130 | 1,280 | 1,350 | |||||||
London Metal Exchange, U.S. warehouses3 | 2,360 | 2,120 | 1,950 | 1,190 | 507 | |||||||
Secondary recovery:4 | ||||||||||||
New scrap | 1,670 | r | 1,760 | r | 1,790 | r | 1,880 | r | 1,910 | |||
Old scrap | 1,440 | r | 1,630 | r | 1,630 | 1,700 | 1,470 | |||||
Total | 3,110 | r | 3,380 | r | 3,420 | r | 3,570 | r | 3,380 | |||
Exports, crude, semicrude, and scrap | 3,420 | 3,480 | 3,390 | 3,230 | 3,010 | |||||||
Imports for consumption, crude and semicrude5 | 3,710 | 3,760 | 4,160 | 4,290 | 4,560 | |||||||
Supply, apparent6 | 5,210 | 5,890 | r | 6,320 | r | 6,950 | r | 7,120 | ||||
Consumption, apparent7 | 3,530 | r | 4,130 | r | 4,530 | 5,070 | r | 5,220 | ||||
World, production | 46,800 | r | 49,200 | r | 51,900 | r | 54,000 | r | 57,500 | e | ||
eEstimated. rRevised.- | ||||||||||||
1Data are rounded to no more than three significant digits except -Primary production: Quantity and Value- and -Price, | ||||||||||||
average, U.S. market, spot.- | ||||||||||||
2Data from The Aluminum Association Inc.; includes ingot, semifabricated material, and scrap inventory levels for- | ||||||||||||
producers in the United States and Canada. | ||||||||||||
3Includes aluminum alloyed material. | ||||||||||||
4Metallic recovery from purchased, tolled, or imported new and old scrap expanded for full industry coverage. | ||||||||||||
5Does not include scrap. | ||||||||||||
6Defined as domestic primary metal production plus secondary recovery plus imports (excluding scrap) minus exports- | ||||||||||||
plus adjustments for London Metal Exchange (U.S. warehouses) and industry stock changes. | ||||||||||||
7Apparent supply less recovery from purchased new scrap. |
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices