COLUMN-Global aluminium production growth brakes sharply in 2018: Andy Home [Reuters]
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Source: Reuters
COLUMN-Global aluminium production growth brakes sharply in 2018: Andy Home (The opinions expressed here are those of the author, a columnist for Reuters.) * Global Aluminium Output: tmsnrt.rs/2S8IpJe * 2018 Output by Region: tmsnrt.rs/2SaspXu By Andy Home LONDON, Jan 24 (Reuters) - Global aluminium production grew at its slowest pace in a decade in 2018, and most of that was in the first half of the year. Output totalled 64.34 million tonnes, according to the International Aluminium Institute (IAI), up by just 1.5 percent on 2017. Production did no more than flat-line over the second half of 2018. It was the weakest production performance since 2009, when the industry was battered by the global financial crisis, a collapse in prices and multiple smelter closures. Even China, the world’s dominant producer, ran out of expansion steam last year with growth of 1.6 percent, while the rest of the world managed just 1.4 percent. For the world outside China it was a year of unusually high di
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