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On a per-day basis, output averaged 197,400 tonnes last month, marking a 2.1 per cent decline from a year earlier and a 2.2 per cent drop from the daily average in March, My steel Global calculated based on the IAl data.
{alcircleadd}China remained the world's largest producer last month. Its primary aluminium output reached 3.68 million tonnes in April, up by 1.5 per cent on year, according to the IAI. This was around 192,000 tonnes lower than the 3.87 million tonnes reported by the country's National Bureau of Statistics, which indicated a stronger 3.1 per cent on-year increase.
Europe (including Russia) retained its position as the second largest production region, with output increasing by 4.5 per cent from a year ago to 604,000 tonnes in April, the strongest on-year growth among the eight major regions tracked by the IAI. Asia excluding China ranked third last month, overtaking the Gulf Cooperation Council (GCC) countries, with a combined output of 408,000 tonnes, up by 2.5 per cent on year.
In contrast, production in the GCC region dropped sharply to fourth place during the month. Total output from five countries - Bahrain, Oman, Qatar, Saudi Arabia, and the United Arab Emirates fell to 330,000 tonnes in April, the lowest in more than a decade and a consequence of the ongoing Middle East hostilities.
The volume represented a steep 34.7 per cent on-year decline and a 29 per cent drop from March, with both decreases being the largest among all major regions, Mysteel Global noted. Market analysts attributed the sharp contraction to ongoing production disruptions in the region caused by military attacks and logistical bottlenecks, including interruptions to raw material shipments via the Strait of Hormuz, following the escalation in tensions that began in late February.
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Note: This news is published under a content and exchange agreement with Mysteel
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