Gulf aluminum output at 62% of prewar level, global growth stalls: IAI

Primary aluminum production by the Gulf countries in April fell to 62% of its prewar daily rate, the International Aluminium Institute, which represents the global aluminum industry, said in a May 20 statement. Preliminary production data from the Gulf region shows its daily aluminum output fell to 10,989 metric tons in April, a 26.7% decline from 15,000 mt/day in March, and down 38% from thePrimary aluminum production by the Gulf countries in April fell to 62% of its prewar daily rate, the International Aluminium Institute, which represents the global aluminum industry, said in a May 20 statement. Preliminary production data from the Gulf region shows its daily aluminum output fell to 10,989 metric tons in April, a 26.7% decline from 15,000 mt/day in March, and down 38% from theRead More