According to a report released by the World Bureau of Metal Statistics (WBMS), the global aluminum market has a shortage of 588,000 tons in the first four months of this year. During the period, global aluminum demand was 23.45 million tons, up by 10.9% compared to the same period a year ago.
In April, the global aluminum market consumption was around 6.09 million tons, and the aluminum output was roughly 5.72 million tons, a year-on-year increase of 5.8%.
As of the end of April, the global aluminum market inventory was 610,000 tons.
WBMS: Global aluminum market has shortage of 588,000 tons in Jan-Apr
18 Jun 2021 14:53 reported by Joy Liu
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