Why US Aluminum Production Isn’t Rising—Despite Higher Prices
As we discussed in the preceding part of this series, US aluminum production has been stagnant at best, despite the nearly 50% rise in aluminum prices when compared with the 1Q16 lows. US aluminum production has been in a falling trend for quite some time now, and current production levels are hovering near multiyear lows. In this article, we’ll see why US aluminum production doesn’t look to be coming back online in a big way, despite higher aluminum prices.