According to a report released by the World Bureau of Metal Statistics (WBMS), the global primary aluminum market has a supply shortage of 981,000 tons in the first ten months of this year, and the shortage in the whole year of 2021 was 1.734 million tons.
In the January-October period, the global demand for primary aluminum was roughly 57.7 million tons, up by 18,000 tons from the same period in 2021.
During the period, global primary aluminum production rose by 378,000 tons compared to the same period a year ago.
In October alone, the global primary aluminum production totaled 5.774 million tons, and the demand was 5.832 million tons.
WBMS: Global primary aluminum market has supply shortage of 981,000 tons in Jan-Oct
22 Dec 2022 17:08 reported by Joy Liu
- A
- A
- A