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IAI: June World Aluminum Output -3.2% On Month At 2.098M Tons

iconJul 21, 2011 09:56
Source:SMM
Total world aluminum output fell 3.2% on-month in June to its lowest level in seven months following production declines across all regions, the International Aluminium Institute said Wednesday.

LONDON, Jul 20, 2011 (Dow Jones Commodities News via Comtex) -- Total world aluminum output fell 3.2% on-month in June to its lowest level in seven months following production declines across all regions, the International Aluminium Institute said Wednesday.

Primary aluminum production fell to 2.098 million metric tons from 2.167 million tons in May, the IAI said.

Output was slightly higher compared with the same month of 2010, when production stood at 1.998 million tons.

Daily output during June averaged 69,900 tons, unchanged from May.

The IAI details production as follows, in thousands of tons:

June '11         May '11       June '10
   Africa                        149             155*            142
   North America                 411             422             388
   Latin America                 180             185*            189
   Asia                          205             215*            200
   West Europe                   336             348             309
   E/Central Europe              345             356             352
   Oceania                       191             196             187
   GAC/Gulf Region               281             290             231
   Total                        2,098           2,167           1,998

'*' denotes a revised figure

NOTE: The data included in this IAI Statistical Report have been derived exclusively from returns by the primary aluminum producers themselves. These producers may be either Members of the IAI or Official Correspondents, the latter being enterprises possessing, or which have possessed, effective control over primary aluminum production but which are not Members. Official Correspondents are approved by the Board of the Institute.

Neither sources outside the industry nor estimates are used.

Unwrought aluminum is aluminum in its basic cast form made from primary metal or from scrap and which is unworked in the metallurgical sense.

Total aluminum is unwrought aluminum plus unprocessed scrap, metal in process and finished semi-fabricated (mill) products.

Unwrought and total aluminum inventories are all relevant inventories over which primary aluminum producers have some degree of control, with the exception of metal included in LME or COMEX stock reports.

Further clarification can be found in "A Guide to the IPAI Statistical System - Revised Aluminum Inventory Reporting Guidelines" (dated Oct. 28, 1999) which is available from the IAI.

 

Aluminum Output

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