Europe’s primary aluminium production sees a 5% growth in August on risen profitability due to LME price rally
In August 2024, primary aluminium production in Europe continued to grow, reaching a new high. Month-on-month, the output increased by 2,000 tonnes or 0.34 per cent, while year-on-year surged by 29,000 tonnes or 5.1 per cent, supported equally by Russia & Eastern Europe and Western & Central Europe.
According to the data revealed by the International Aluminium Institute, primary aluminium production across Europe amounted to 597,000 tonnes during August 2024, compared to 595,000 tonnes in July 2024 and 568,000 tonnes in August 2023.
Of the total European output in August, Russia & Eastern Europe contributed 354,000 tonnes, accounting for 59.3 per cent, and Western & Central Europe contributed 243,000 tonnes, accounting for 40.7 per cent.
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