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

Primary aluminum production across the world increased by 2.43pc in August, compared with the same month last year, according to the International Aluminum Institute (IAI) data. 


In August, the global production of primary aluminum tallied at 5.48mn mt, compared with 5.35mn mt in August 2019. The daily rate of production hiked by 2.43pc as well to 176,900mt per day, from 172,700mt in the same period under comparison. 


The aluminum output from China rose by 6.5pc to 3.1mn mt in August this year, compared with 2.9mn mt in the same period last year. However, production in the rest of the world declined, barring North America, where 331,000mt of aluminum was produced, 3.1pc more than the 321,000mt last August. 


Output in Oceania, Western Europe, and Central Europe fell by 2pc to 162,000mt, 280,000mt, and 349,000mt, respectively, in August, compared with 165,000mt, 286,000mt, and 356,000mt, respectively, in the prior-year period. In Africa and the Gulf nations, production declined by 3pc to 135,000mt and 480,000mt from 139,000mt and 494,000mt, respectively, in the same period under comparison. 


Aluminum production for the rest of the world remained stable at an estimated 150,000mt. 

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