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.