Global primary aluminum market has excess supply of 127,900 tons in Jul
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Update time : 2024-09-19 17:02:10
According to a report released by the World Bureau of Metal Statistics (WBMS), global primary aluminum production was 5.9374 million tons in July, and consumption was 5.8095 million tons, so the supply surplus was 127,900 tons.
In the first seven months of this year, global primary aluminum production amounted to approximately 41.4 million tons, and consumption was around 40.47 million tons, so there was a surplus of roughly 930,000 tons.