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May's figure was down 217,000 tons, or 10%, from May 2008 production of 2.057 million tons.
Daily output in May was 63,600 tons, down 0.63% on the month and down 10% on the year.
The IAI details production as follows, in thousands of tons:
May '09 Apr '09 May '08 Africa 141 135 142 North America 403 396 501 Latin America 211 207 225 Asia 374 359 332 West Europe 315 309 401 E/Central Europe 342 334 393 Oceania 187 181 196 Total 1.973 1.921 2.190
NOTE: The data included in this IAI Statistical Report have been derived exclusively from returns by the primary aluminum producers themselves. These producers may be either Members of the IAI or Official Correspondents, the latter being enterprises possessing, or which have possessed, effective control over primary aluminum production but which are not Members. Official Correspondents are approved by the Board of the Institute.
Neither sources outside the industry nor estimates are used.
Unwrought aluminum is aluminum in its basic cast form made from primary metal or from scrap and which is unworked in the metallurgical sense.
Total aluminum is unwrought aluminum plus unprocessed scrap, metal in process and finished semi-fabricated (mill) products.
Unwrought and total aluminum inventories are all relevant inventories over which primary aluminum producers have some degree of control, with the exception of metal included in LME or COMEX stock reports.
Further clarification can be found in "A Guide to the IPAI Statistical System - Revised Aluminum Inventory Reporting Guidelines" (dated Oct. 28, 1999) which is available from the IAI.
-By Matthew Walls, Dow Jones Newswires; +44 (0)20 7842 9412; matthew.walls@dowjones.com
(END) Dow Jones Newswires
06-22-09 0611ET
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