IAI: Jan '07 World Aluminum Stocks Up 52,000 Tons On Month

LONDON--Total world aluminum inventories in January 2007 rose by 52,000 metric tons to 2.995 million tons, from 2.943 million tons in December 2006, according to figures released Monday by the International Aluminum Institute.

However, January's figure was down 240,000 tons from the January 2006 production figure of 3.235 million tons.

The IAI details production as follows, in thousands of tons:

                January '07     December '06    January '06
Africa           109               107            112
North America    885               853            904
Latin America    221               206*           204
Asia             366               348            438
Europe           1261              1285           1425
Oceania          153               144            152
Total            2.995             2.943          3.235

(* Denotes a revised figure)