WBMS: Global Aluminum Deficit Eases Sharply during January-April 2017-Shanghai Metals Market

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WBMS: Global Aluminum Deficit Eases Sharply during January-April 2017

Industry News 09:55:15AM Jun 22, 2017 Source:SMM

SHANGHAI, Jun. 22 (SMM) – Global primary aluminum shortage eased notably during the first four months of 2017 compared with last year, according to latest data from World Bureau of Metal Statistics (WBMS).

During January-April, primary aluminum output worldwide increased 1.3 million tonnes year-on-year, while primary aluminum demand rose 1.58 million tonnes to 20.35 million tonnes. This created a deficit of 683,000 tonnes, versus 1.1 million tonnes in the whole of 2016, WBMS data showed.  

Negative Factors Simmering behind Aluminum Rally, SMM Warns

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.



 

WBMS: Global Aluminum Deficit Eases Sharply during January-April 2017

Industry News 09:55:15AM Jun 22, 2017 Source:SMM

SHANGHAI, Jun. 22 (SMM) – Global primary aluminum shortage eased notably during the first four months of 2017 compared with last year, according to latest data from World Bureau of Metal Statistics (WBMS).

During January-April, primary aluminum output worldwide increased 1.3 million tonnes year-on-year, while primary aluminum demand rose 1.58 million tonnes to 20.35 million tonnes. This created a deficit of 683,000 tonnes, versus 1.1 million tonnes in the whole of 2016, WBMS data showed.  

Negative Factors Simmering behind Aluminum Rally, SMM Warns

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.