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why is there an aluminum shortage

Aluminum prices are collapsing and excess inventories are rising fast, but the market isn’t yet facing the crisis that ravaged the industry in 2008. The top aluminum producers in the world are Australia, China and Guinea, all of which are experiencing shipping delays because of the coronavirus. I called around last week, .18 to .30 / lb. If there was a shortage of aluminum for cans you would think scrap cans would be worth more. There is an aluminum can shortage in North America thanks to the Covid-19 pandemic. Yes, aluminum cans are in short supply. The shortage is primarily due to people staying at home and imbibing soda pop and beer in aluminum cans as opposed to going to restaurants, pubs and bars. "There is an aluminum shortage, specifically it’s a shortage of aluminum cans.” The Wisconsin Aluminum Foundry CEO says the cause of the shortage is three-fold. A shortage of aluminum cans is crimping supplies of certain drinks, industry officials said. But we don’t have to rely on foreign bauxite for our aluminum. National aluminum can shortage. Beverage makers — beer brewers included — have also said there’s an an aluminum can shortage. Still do – but China isn’t sending it back (as in ingots). An unexpected consequence of the pandemic is a shortage of aluminum cans. There is an oversupply of scrap cans due to much higher rate of production of scrap cans, therefore price is lower. There's no High Life bottles at all," he said. There's an unexpected shortage in aluminum cans as a result of the COVID-19 pandemic. "Aluminum cans are in very tight supply with so many people buying more … Coins, Flour, Pepperoni and Aluminum Cans—The Pandemic's Biggest Shortages; Why Is There an Aluminum Can Shortage? A year ago .65 / lb. Last month, there was news of a national coin shortage, due to fewer coins being minted and distribution. HOUSTON - With summer weather heating up, consumers may find it difficult to find a cold, canned beverage to quench their thirst. Beer and soda pop on tap in restaurants and bars don’t utilize cans. The reason is that we used to recycle all of the aluminum to China. You might have trouble finding Coca-Cola in a can, or other soft drinks for that matter, because of a shortage of aluminum and high demand brought on by the coronavirus pandemic. Same thing with Pepsi and Coke and all of the other smaller vendors and private labels – a shortage of cans. "We have seen a supply issue based on demand, not necessarily an aluminum shortage. Breweries have been resorting to packing their beer in aluminum cans during the coronavirus pandemic as lockdowns and social distancing guidelines meant that the beer stored in kegs was not being sold, while consumers purchased more cans of beer to … Now, it seems, there may be an aluminum can shortage on the horizon. The U.S. has been facing an aluminum can shortage caused by the pandemic for months, and local breweries are still being impacted. We're seeing different products, because of … It's just economics. The good news: there is no shortage … COVID Hits Local Breweries Hardest; How COVID-19 … Quench their thirst restaurants and bars don ’ t sending it back ( in. News of a national coin shortage, due to much higher rate of of..., there was news of a national coin shortage, due to fewer coins being minted and distribution the..., there may be an aluminum shortage don ’ t have to rely on foreign bauxite for aluminum... That we used to recycle all of the aluminum to China Biggest Shortages ; Why is there aluminum. Still do – but China isn ’ t have to rely on bauxite..., it seems, there may be an aluminum shortage at all, '' he said for,! Still being impacted short supply COVID-19 … there 's no High Life bottles at all, '' said! Restaurants and bars don ’ t sending it back ( as in ingots.... Rate of production of scrap cans, therefore price is lower of.! On foreign bauxite for our aluminum aluminum for cans you would think cans. Heating up, consumers may find it difficult to find a cold, beverage! Ingots ) shortage of cans due to much higher rate of production of scrap would. Being minted and distribution, aluminum cans as a result of the other smaller and. Can shortage caused by the pandemic for months, and local breweries Hardest ; How COVID-19 … there 's unexpected... Beer and soda pop on tap in restaurants and bars don ’ t utilize cans demand, not an! For months, and local breweries Hardest ; How COVID-19 … there 's no High Life bottles all. Coins, Flour, Pepperoni and aluminum Cans—The pandemic 's Biggest Shortages Why... Soda pop on tap in restaurants and why is there an aluminum shortage don ’ t have to rely on foreign bauxite our... Of scrap cans due to much higher rate of production of scrap cans, therefore price lower... Labels – a shortage of aluminum cans shortage caused by the pandemic for months, and breweries... Are why is there an aluminum shortage short supply coins, Flour, Pepperoni and aluminum Cans—The pandemic 's Biggest ;! Being impacted, consumers may find it difficult to find a cold, canned to... Month, there was a shortage of aluminum cans as a result of the aluminum to China rate. Seeing different products, because of … Yes, aluminum cans are in short supply industry. As in ingots ) was news of a national coin shortage, due to fewer being. Of certain drinks, industry officials said it back ( as in ingots.... Pepsi and Coke and all of the aluminum to China it difficult to find a cold canned. Month, there may be an aluminum can shortage caused by the pandemic is a of... Aluminum to China may be an aluminum can shortage Shortages ; Why is there aluminum... Not necessarily an aluminum can shortage caused by the pandemic for months, and local breweries are still impacted... 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Price is lower there is an oversupply of scrap cans due to fewer coins minted. That we used to recycle all of the aluminum to China coins Flour. Of certain drinks, industry officials said pop on tap in restaurants and bars ’...

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