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World Primary Aluminium Production Up 21.29% In Jan-Oct 2011
Edited by : AL CIRCLE
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World primary Aluminium production was at 21.29 million tons in Jan-October 2011, up 21% from 20.11 million tons in Jan-Oct 2010. The report from International Aluminium Institute showed that the production of primary Aluminium in Gulf region was 2.858 million tons in Jan-Oct 2011, up 30% from 2.20 million tons in Jan-Oct 2010. Oceania also showed a rise of primary Aluminium production to 1.92 million tons in Jan-Oct 2011, up 1.21% from 1.89 million tons in Jan-Oct 2010.
Asian primary Aluminium production was 2.11 million tons during first 10 months of this year, up 2% from 2.075 million tons in first 10 months of the corresponding period previous year. North America showed a production of 4.12 million tons compared to 3.90 million tons in Jan-Oct 2010.
Meanwhile, Aluminium three month forwards were awaiting the stance of European leaders relating to higher debt within the zone. LME Aluminium was seen trading at $ 7420 per ton, up 0.26%. Aluminium on Multi Commodity Exchange was seen at Rs. 105 per kg.
Asian primary Aluminium production was 2.11 million tons during first 10 months of this year, up 2% from 2.075 million tons in first 10 months of the corresponding period previous year. North America showed a production of 4.12 million tons compared to 3.90 million tons in Jan-Oct 2010.
Meanwhile, Aluminium three month forwards were awaiting the stance of European leaders relating to higher debt within the zone. LME Aluminium was seen trading at $ 7420 per ton, up 0.26%. Aluminium on Multi Commodity Exchange was seen at Rs. 105 per kg.
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