Industry News

WBMS: Global primary aluminum faces short-supply in first 3 months

Views : 221
Update time : 2021-05-22 10:11:01
According to the report from the World Bureau of Metal Statistics (WBMS), the primary aluminum market faced short supply in the first three months of this year, with around 70,000 tons of shortage.

The primary aluminum market has faced a totally different last year, with over a million tons oversupply, but the demand started to skyrocket since this January.

Moreover, the report also indicated that the global demand for primary aluminum in the world this first three months has increased by 8.8%, compared to the same period of last year.
Related News
Read More >>
ArcelorMittal Long Products Canada to close Hamilton wire drawing mill ArcelorMittal Long Products Canada to close Hamilton wire drawing mill
Jun .12.2025
ArcelorMittal Long Products Canada to close Hamilton wire drawing mill
Indian government approves LMEL's plan to expand iron ore output at Gadchiroli mine Indian government approves LMEL's plan to expand iron ore output at Gadchiroli mine
Jun .12.2025
Indian government approves LMEL's plan to expand iron ore output at Gadchiroli mine
Container shipping rates keep rising, but peak near Container shipping rates keep rising, but peak near
Jun .12.2025
Container shipping rates keep rising, but peak near
Weak balance of aluminium plate/sheet, strip and foil continues in May, export window in June unable to offset weak domestic demand Weak balance of aluminium plate/sheet, strip and foil continues in May, export window in June unable to offset weak domestic demand
Jun .12.2025
Weak balance of aluminium plate/sheet, strip and foil continues in May, export window in June unable to offset weak domestic demand