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South American Primary Aluminum Production Declined In June
- Jul 26, 2018 -

1. According to statistics from the International Aluminum Association (IAI), primary aluminum production in South America in June was 89,000 tons, down 21.9% year-on-year. The last production of less than 90,000 tons was in February 1985 (88,000 tons). Compared with the 94,000 tons in May, it was down 5.32%. In the first half of the year, South American aluminum production was 611,000 tons, down 11.4% year-on-year. In the past 12 months, South American aluminum production was 1.36 million tons. The 2017 output was 1.38 million tons. IAI's statistics include Argentina, Brazil and Venezuela, and are the only three countries in South America that produce primary aluminum.

In June, global primary aluminum production totaled 5.32 million tons, down 2.9% from 5.48 million tons in the same period last year.


2. According to news on July 24, Novelis, a downstream subsidiary of Hindalco Industries Ltd., plans to acquire Aluminium, a manufacturer of aluminum rolled products, for $2.3-2.5 billion. Aleris, after the completion of the acquisition, is expected to increase the capacity of Novelis by another 1 million tons. The company currently has a capacity of 3.6 million tons.