DJ IAI: February World Aluminum Output 1.998 Mln Tons, -141,000 Tons

World production in January stood at 2.139 million tons.

February production was up 48,000 tons compared to the same month of 2011, when output was recorded at 1.950 million tons, the IAI said.

The IAI details production as follows, in thousands of tons:

February '12         January '12     February '11
Africa           133             146             136
North America    381             407             368
South America    168             175             171
Asia             203             216             202
West Europe      295             314             304
E/Central Europe 348             373             332
Oceania          181             196             178
GAC/Gulf Region  289             312             259
Total           1.998           2.139           1.950

NOTE: The data included in this IAI Statistical Report have been derived exclusively from returns by the primary aluminum producers themselves. These producers may be either Members of the IAI or Official Correspondents, the latter being enterprises possessing, or which have possessed, effective control over primary aluminum production but which are not Members. Official Correspondents are approved by the Board of the Institute.

Neither sources outside the industry nor estimates are used.

Unwrought aluminum is aluminum in its basic cast form made from primary metal or from scrap and which is unworked in the metallurgical sense.

aluminum is unwrought aluminum plus unprocessed scrap, metal in process and finished semi-fabricated (mill) products.

Unwrought and total aluminum inventories are all relevant inventories over which primary aluminum producers have some degree of control, with the exception of metal included in LME or COMEX stock reports.

Further clarification can be found in "A Guide to the IPAI Statistical System - Revised Aluminum Inventory Reporting Guidelines" (dated Oct. 28, 1999) which is available from the IAI.