Global Aluminium Output Rises in January as China Breaks Production Record

China Aluminium

Chinese Smelters Drive Global Gains with New Highs in Yunnan and Inner Mongolia

Regional Output Trends Show Growth in Europe, Africa, and South America

Global aluminium production surged in January, hitting 6.25 million tonnes, as China’s output reached a historic peak, according to the International Aluminium Institute. The worldwide increase marked a 2.73% year-on-year rise, matching December’s revised all-time record.

China Leads Global Growth with New Monthly High

China, the world’s largest aluminium producer, delivered 3.74 million tonnes in January, up 3.74% from a year earlier. This new monthly record stems from unrestricted operations in Yunnan province and expanded capacity in Inner Mongolia. Robust domestic demand and strong industry profitability have prompted Chinese producers to maximize output since late 2023.

Regional Output: Europe, Africa, and South America Expand

European aluminium output, including Russia, increased by 3.29% to 597,000 tonnes. Africa posted the strongest regional gain, climbing 7.87% to 137,000 tonnes. South American production also grew by 3.15% to 131,000 tonnes, while North American output slipped by a marginal 2,000 tonnes to 337,000 tonnes.

Asia (excluding China) saw a slight annual gain, reaching 411,000 tonnes. The Middle East maintained steady production at 541,000 tonnes, and Oceania’s output declined 1.88% to 157,000 tonnes.

China’s leadership in the aluminium sector continues to set the pace for global supply. As new capacity comes online and profitability remains high, Chinese production will likely remain a decisive factor in world market trends throughout 2024.