WORLD ALUMINUM PRODUCTION EXPANSION INTENSIFIES
December 1, 2023
HARBOR’S ALUMINUM PRODUCTION INTELLIGENCE REPORT | November 2023
SUMMARY: World primary aluminum production expanded in October at its strongest y/y pace in over two years, while production run rates consolidated at an all-time high prior to China’s seasonal curtailments. ROW’s production growth to take the lead in 2024 and reach... mton for the first time in 13 years.
- World primary aluminum production rose in October by... % y/y or... million mtpy...
- ... consolidating m/m its annualized production run rate at an all-time high near... million mtpy...
- In Q4 2023, a temporary pause in the world’s quarterly primary aluminum production growth is...
- HARBOR projects ROW’s primary aluminum production to grow in 2024 by... mton after an estimated increase of ... mton in 2023.