WBMS: Global Aluminum Deficit Eases Significantly during January-February 2017

SHANGHAI, Apr. 20 (SMM) – Global primary aluminum market was in a deficit of 101,000 tonnes during the first two months of 2017, according to latest data from World Bureau of Metal Statistics (WBMS).

WBMS data showed the supply deficit was as high as 1.12 million tonnes for the whole of 2016. During January-February 2017, primary aluminum demand worldwide was 9.85 million tonnes, up 1.02 million tonnes from the same period last year, while output was up 971,000 tonnes year-on-year.

In February 2017, 4.84 million tonnes of primary aluminum was produced globally, while 4.9 million tonnes were consumed. 

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