It was reported that global primary aluminum production rose by 4% year on year to 5.4 million tons roughly in October, according to data released by the International Aluminum Institute (IAI). The figure was also up by 2% from September's 5.3 million tons, while daily output fell by 1.2% year on year to 174,600 tons.
From January to October 2018, global primary aluminum output rose by 0.7% year on year to around 53.44 million tons, up from 53.1 million tons in the same period last year.
Chinese primary aluminum production rose by 6.8% year on year in October and 1.3% month on month. This year, from January and October, China produced around 30.227 million tons of primary aluminum, slightly less than 30.231 million tons produced last year.
In October, primary aluminum production in Europe was around 660,000 tons, up by 0.3% year on year and 3.1% month on month. Primary aluminum production in North America was around 320,000 tons, down by 3.6% year on year, but up by 4.2% month on month.
In Asia excluding China, primary aluminum production rose by 7.1% in October year on year, up by 3.6% month on month to 380,000 tons roughly. In the Middle East, primary aluminum production rose by 5.1% year on year and 3% month on month to 450,000 tons, which was higher than 437,000 tons in September.
Global primary aluminum production hikes in Oct m-o-m, y-o-y
21 Nov 2018 15:19 reported by John
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