Revived momentum in H2 2023 global primary aluminium production propels annual output above 70 million tonnes
Views : 84
Update time : 2024-01-25 19:34:41
The world primary aluminium production has recorded an annual increase of 2.25 per cent for 2023, reaching 70.593 million tonnes at the end of December, found the International Aluminium Institute (IAI). However, compared to the previous year, the growth rate has decreased in 2023. In 2022, the global output had grown by 3 per cent to stand at 69.038 million tonnes, from 67.092 million tonnes in 2021.
In December 2023, the world primary aluminium production stood at 6.04 million tonnes, bringing the H2 output at 36.08 million tonnes, up by 4.58 per cent from 34.5 million tonnes in H1. That represented the fact that the global primary aluminium production gained momentum during the second half of 2023 as the energy crisis in Europe eased leading to production resumption at many smelters.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
