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Primary Aluminium Surplus At 252000 Tonnes In Jan-Mar 2011
Edited by : AL CIRCLE
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Primary Aluminium surplus stood at 252000 tonnes in Jan-Mar 2011 as per the latest report from World Bureau Of Metal Statistics (WBMS). The primary Aluminium markets were in surplus of 348000 tonnes in Jan-Mar 2010. For the full year 2010 surplus of primary Aluminium was 735000 tonnes.
Demand for primary aluminium in the first quarter of 2011 was 10.07 million tonnes, 360000 tonnes or 2.7% more then the equivalent total 2010. On the other hand, Aluminium production in January to March rose by 264000 tonnes, or 2.6% following on from a 3.6 million ton increase over the whole of 2010.
In March 2011, primary aluminium production was 3579.5 kt and consumption was 3555.6 kt. China remained a major producer of Aluminium with output of 4036000 tonnes comparing 39% of total world production.
At March end, total stocks were 6.92 million tonnes, which equated to 63 days demand and compared with 6.50 million tonnes at the end of last year. Production in the Eurozone rose by 7.5%. Eurozone demand was 14% above the January to March 2010 period.
Demand for primary aluminium in the first quarter of 2011 was 10.07 million tonnes, 360000 tonnes or 2.7% more then the equivalent total 2010. On the other hand, Aluminium production in January to March rose by 264000 tonnes, or 2.6% following on from a 3.6 million ton increase over the whole of 2010.
In March 2011, primary aluminium production was 3579.5 kt and consumption was 3555.6 kt. China remained a major producer of Aluminium with output of 4036000 tonnes comparing 39% of total world production.
At March end, total stocks were 6.92 million tonnes, which equated to 63 days demand and compared with 6.50 million tonnes at the end of last year. Production in the Eurozone rose by 7.5%. Eurozone demand was 14% above the January to March 2010 period.
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