20 JULY 2017AlCircle.com
China accounts more than 50% of global aluminium production in January-May 2017, says WBMS
Edited by : Heena Iqbal
1 min read
<p>According to the latest data from World Bureau of Metal Statistics (WBMS) and published by Shanghai Metals Market, the primary aluminium market worldwide was in a deficit of 735,000 tonnes during January-May as compared to 1.1 million tonnes for the whole of 2016.</p>
<p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/99-7-Aluminium-Ingots-Primary-Aluminium-Ingot.jpg" alt="news" width="350" height="259" /></p>
<p>The global primary aluminium production rose 1.37 million tonnes or 5.9 per cent year-on-year through January-May.</p>
<p>China produced 13.86 million tonnes of primary aluminium during January-May, accounting for 56 per cent of global total. The demand for global primary aluminium grew 1.61 million tonnes year-on-year to 25.34 million tonnes in the same period. </p>
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<p>Primary aluminium production worldwide was 5.04 million tonnes while consumption was 5.08 million tonnes in May.</p>
<p>China’s primary aluminium production increased 4.2 per cent year-on-year to 2.83 million tonnes in May. The country produced 2.93 million tonnes in June, an increase of 7.4 per cent year-on-year.</p>
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