Primary Aluminium News - Market

Russia & Eastern Europe’s primary aluminium output descends 10% M-o-M during Feb’23

  | AlCircle   |

In Russia & Eastern Europe, primary aluminium production during February 2023 stood at 310,000 tonnes, reflecting a month-on-month decrease of 9.88 per cent, according to the International Aluminium Institute. In January, the output was 344,000 tonnes, negligibly up from 343,000 tonnes in the previous month.

Russia & Eastern Europe’s primary aluminium output descends 10% in Feb’23

Also, on a year-on-year calculation, Russia & Eastern Europe’s primary aluminium production recorded a decline of 4,000 tonnes or 1.27 per cent from 314,000 tonnes.

In the first two months of 2023, the output in Russia & Eastern Europe totalled 654,000 tonnes, down by 1.36 per cent from 663,000 tonnes during the corresponding period of the previous year.

Meanwhile, despite the monthly fall in Russia & Eastern Europe’s primary aluminium output during February, average daily production stood restrained at 11,100 tonnes. On an annual basis, the daily output stood slightly down from 11,200 tonnes.

In Western & Central Europe, primary aluminium production during February 2023 was recorded at 209,000 tonnes versus 230,000 tonnes a month and a year ago. That reflected M-o-M and Y-o-Y plunge of 21,000 tonnes or 9.13 per cent, found IAI.

Global Aluminium Industry Outlook 2023

Western & Central Europe’s total primary aluminium production during January-February 2023 amounted to 439,000 tonnes – 10.77 per cent less than 492,000 tonnes a year earlier.

Daily average production in Western & Central Europe during February 2023 was 7,500 tonnes, compared to 7,400 tonnes in January 2023 and 8,200 tonnes in February 2022.

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