Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Global primary aluminum production dipped marginally in June compared with the same month last year, but fell 3.2pc from May, according to International Aluminum Institute (IAI) data. 


Global aluminum production dipped 0.23pc in June to 5.26mn mt from 5.27mn mt in the same month last year. Worldwide primary aluminum output stood at 5.44mn mt in May. Daily average production in June remained constant from last year, weighing in at 175,400mt. 


At the helm of production, China’s output rose 1pc to 3mn mt, followed by an uptick of 4.5pc in the Middle East, tallying at 479,000mt. In East and Central Europe, volumes dipped by 0.8pc to 340,000mt. 


The rest of Asia produced 337,000mt in June, down 6.8pc from the same month in 2019. However, North American output rose 5pc to 330,000mt during this period, while volumes in West Europe fell by 4pc to 273,000mt. In Oceania, IAI noted, production remained almost flat at 158,000mt. 


Africa produced 129,000mt of aluminum, down 4.7pc from last June while South American output fell by 16.5pc to 73,000mt during the same period under comparison. Production in the rest of the world remained flat at 150,000mt, IAI indicated. 

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