LONDON, Apr 20, 2009 (Dow Jones Commodities News via Comtex) Total world aluminum output in March rose by 167,000 metric tons to 2.021 million tons from 1.854 million tons in February, figures released Monday by the International Aluminum Institute show.
March's figure was down 153,000 tons from the March 2008 production of 2.174 million tons.
The IAI details production as follows, in thousands of tons:
March '09 February '09 March '08
Africa 139 123 143
North America 415 386 500
Latin America 218 196 223
Asia 372 332 323
West Europe 331 318 395
E/Central Europe 360 330 394
Oceania 186 169 196
Total 2,021 1,854 2,174
NOTE: The data included in this IAI Statistical Report have been derived exclusively from returns by the primary aluminum producers themselves. These producers may be either Members of the IAI or Official Correspondents, the latter being enterprises possessing, or which have possessed, effective control over primary aluminum production but which are not Members. Official Correspondents are approved by the Board of the Institute.
Neither sources outside the industry nor estimates are used.
Unwrought aluminum is aluminum in its basic cast form made from primary metal or from scrap and which is unworked in the metallurgical sense.
Total aluminum is unwrought aluminum plus unprocessed scrap, metal in process and finished semi-fabricated (mill) products.
Unwrought and total aluminum inventories are all relevant inventories over which primary aluminum producers have some degree of control, with the exception of metal included in
LME or
COMEX stock reports.
Further clarification can be found in "A Guide to the IPAI Statistical System - Revised Aluminum Inventory Reporting Guidelines" (dated Oct. 28, 1999) which is available from the IAI.
-By Devon Maylie, Dow Jones Newswires; +44 (0)20 7842 9483; devon.maylie@dowjones.com