Steel News

We strive to let you one step ahead of the market.

Global aluminum production dragged down by power crisis

6 Feb 2023 16:43 reported by Joy Liu

A A A
According to statistics released by the International Aluminum Institute (IAI), global aluminum production slightly hiked by 2.0% in 2022. The growth rate dropped by 0.7% from the rate in 2021 and hit the slowest level since 2019. The production increased little in the second half of last year.

Due to the energy crisis in Europe, the energy-hungry aluminum industry was impacted a lot. Therefore, the output in the European region slid by 12.5% last year, and the total global output, excluding China, had a decrease of 0.9%.

Back to Steel News

Related News

Hydro invests $85 million to build new casting line of aluminum recycling

  • Aluminum
  • 13 Jun 2024 15:21

Rio Tinto acquires 11.65% stake in Boyne Smelter

  • Aluminum
  • 13 Jun 2024 15:13

India replaces Russia to dominate LME's aluminum stocks

  • Aluminum
  • 13 Jun 2024 14:56

Recycled aluminum to boost global supply amid decarbonization push

  • Aluminum
  • 11 Jun 2024 17:29

EU initiates AD expiry review on certain aluminum foil in rolls from China

  • Aluminum
  • 6 Jun 2024 15:24

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,808.00
  • 2,861.50
  • Aluminum
  • 2,496.00
  • 2,557.00
  • Copper
  • 9,732.00
  • 9,859.00
  • Nickel
  • 17,525.00
  • 17,775.00

Learn more

Coil Exchange Center

  • 2B Coil-Jul
  • 0
  • 0
  • NO1 Coil-Jul
  • 0
  • 0
  • 2B Coil-Jul
  • 0
  • 0
  • NO1 Coil-Jul
  • 0
  • 0

Learn more