WBMS: Global Aluminum Market In 396,400-ton Surplus January-May

Jul 21, 2011 09:50

The global aluminum market was in surplus of 396,400 metric tons in the first five months of the year, the World Bureau of Metal Statistics said Wednesday.

LONDON, Jul 20, 2011 (Dow Jones Commodities News via Comtex) -- The global aluminum market was in surplus of 396,400 metric tons in the first five months of the year, the World Bureau of Metal Statistics said Wednesday.

This compares with a surplus of 660,400 tons in the same period the year before.

Demand for primary aluminum in the first five months of 2011 was 17.27 million tons, 793,000 tons more than in the same period the previous year.

Production in January to May rose by 529,000 tons following a 3.9 million ton increase over the whole of 2010. The WBMS didn't provide a production figure for the year-earlier period.

aluminum

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WBMS: Global Aluminum Market In 396,400-ton Surplus January-May

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