| Daily average aluminium production in the world outside China slid to 66,200 tonnes in October, according to the International Aluminium Institute (IAI). It was the lowest collective run-rate since January with continued strong growth in the Gulf region, up 23 percent so far this year, offset by curtailments and closures elsewhere.
Annualised non-Chinese production has fallen by 1.61 million tonnes since the start of 2012, which was when Western producers started wielding the collective axe in response to low prices........................................Full Article: Source
|