Industry News

Global aluminum market has shortage of 1.076 tons in Jan-Jul 2021

Views : 284
Update time : 2021-09-17 19:09:47
According to a report released by the World Bureau of Metal Statistics (WBMS), the global aluminum market has a shortage of 1.076 million tons in the first seven months of this year. The supply surplus in 2020 was 1.211 million tons.

During the period, the global aluminum demand was 41.43 million tons, increasing by 3.617 million tons from the same period a year ago. The global aluminum output had a year-on-year hike of 6%, of which China’s output accounted for roughly 22.9 million tons, 57% of the total global output.

In July, the global aluminum output was around 5.78 million tons, and the demand was roughly 5.89 million tons.
Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics