With over 6 Mt of output in October, world primary aluminium 2023 production is on track to grow annually
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Update time : 2023-11-23 17:26:06
The world's primary aluminium production in October 2023 experienced a month-on-month rise after a fall in the previous month, found the International Aluminium Institute. Data shows the output recorded an increase of 3.29 per cent from 5.921 million tonnes in September to 6.116 million tonnes in October 2023. Last month, the world's primary aluminium production was 2.15 per cent less than 6.051 million tonnes in August.
The world's primary aluminium production in October 2023 experienced a month-on-month rise after a fall in the previous month, found the International Aluminium Institute. Data shows the output recorded an increase of 3.29 per cent from 5.921 million tonnes in September to 6.116 million tonnes in October 2023. Last month, the world's primary aluminium production was 2.15 per cent less than 6.051 million tonnes in August.
In 2022, the world's primary aluminium production volume of 69.038 million tonnes indicates that this year, the target is to churn out 10.446 million tonnes more in the remaining two months to match the previous year's level. Thus, on average, the output should be 5.223 million tonnes each month, which seems to be achievable. According to AL Circle's research estimate, the world's primary aluminium output is likely to reach 70 million tonnes in 2023. For the last year, the projection was 68.2 million tonnes, according to AL Circle's report "Aluminium Industry Outlook 2023".
