As of 2023, the primary aluminum production capacity of Century Aluminum Co. in the US was slightly above 428 thousand metric tons. Forecasted data anticipates a steady decline from 428 thousand metric tons in 2024 to 187 thousand metric tons by 2028, indicating a significant contraction in capacity.
Year-on-year, capacity is expected to decrease by approximately 14.95% from 2024 to 2025, 16.39% from 2025 to 2026, 19.61% from 2026 to 2027, and 23.98% from 2027 to 2028. The five-year compound annual growth rate (CAGR) suggests a decrease of roughly 18.76% per year from 2024 to 2028.
Looking ahead, key trends to monitor include technological advancements, regulatory changes, and global market shifts that could impact aluminum production and capacity utilization. Additionally, competition and evolving demand for aluminum in automotive and construction sectors will be crucial to watch.
