DJ IAI: Oct World Aluminum Output 1.966M Tons, +69,000 Tons
IAL | Quote | Chart | News | PowerRating -- Total world aluminum output in October rose by 69,000 metric tons to 1.966 million tons, from 1.897 million tons in September, according to figures released Friday by the International Aluminum Institute.
October's figure is down 221,000 tons from the October 2008 production of 2.187 million tons.
The IAI details production as follows, in thousands of tons:
October '09 September '09 October '08
Africa 146 140* 147
North America 393 376 483
Latin America 211 204 227
Asia 380 366 346
West Europe 302 296* 392
E/Central Europe 346 333 397
Oceania 188 182 195
Total 1,966 1,897* 2,187
* denotes a revision
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 Devon Maylie, Dow Jones Newswires; +44 (0)20 7842 9483; devon.maylie@dowjones.com
(END) Dow Jones Newswires
11-20-09 0612ET
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