Revived momentum in H2 2023 global primary aluminium production propels annual output above 70 million tonnes

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.

AL Circle's latest report "Global Aluminium Industry Outlook 2024" has shared an analytical trend of the  primary aluminium production across the major producing countries in 2023 and an in-depth forecast for 2024.

The world primary aluminium production in December rose 3.25 per cent month-on-month from 5.85 million tonnes and grew 2.03 per cent year-on-year from 5.92 million tonnes, showed IAI. The daily average production during the said month was 194,900 tonnes, which was however, slightly down from 195,000 tonnes in the previous month.