Industry News

Global aluminum market has shortage of 1.021 million tons in H1 2021

Views : 282
Update time : 2021-08-20 18:41:49
According to a report released by the World Bureau of Metal Statistics (WBMS), the global aluminum market has a shortage of 1.021 million tons in the first half of this year, compared to an oversupply of 1.193 million tons in 2020.

During the period, global aluminum consumption was 35.47 million tons, dropping by 44% compared to the same period a year ago.

In June alone, the global aluminum market consumption was around 6.093 million tons, and the aluminum output was roughly 5.77 million tons, a year-on-year increase of 5.6%.
Related News
Read More >>
ArcelorMittal begins mining operations in Argentina ArcelorMittal begins mining operations in Argentina
Feb .06.2026
ArcelorMittal begins mining operations in Argentina
Taiwan launches AD sunset review on Chinese aluminum foil Taiwan launches AD sunset review on Chinese aluminum foil
Feb .06.2026
Taiwan launches AD sunset review on Chinese aluminum foil
Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill
Feb .06.2026
Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill
Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium
Feb .06.2026
Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium