COLUMN-Global aluminium output flatlines as outages offset ramp-ups: Andy Home [Reuters (UK)]
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Source: Reuters
Global aluminum output flatlines as outages offset ramp-ups: Andy Home - Reuters 7 Min Read LONDON (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.) Global aluminum production flatlined in the first quarter of this year, according to the International Aluminium Institute (IAI). A couple of long-running outages together with curtailments in Europe caused production outside China to dip 1.4 percent to 6.37 million tonnes in the first three months of 2019. Chinese production, a complex moving picture of price-induced curtailments, pollution controls and capacity swaps, edged 1.6 percent higher to 8.93 million tonnes. The net result was that global production rose by a marginal 0.3 percent year-on-year as China remained the world’s dominant player with a 57 percent share of world production. (GRAPHIC: Global Aluminium Production Q1 2019 - tmsnrt.rs/2VZ36pM ) Continued smelter outages and fresh capacity curtailments are keeping a lid on Western pro
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