Aluminum Surplus 341,000 Ton till Nov. 2007

WBMS announced on Wednesday aluminum surplus 341,000 from Jan. to Nov.

Primary aluminum demand 34,380,000 ton, higher than the same time in last year. WBMS said global aluminum increased 12% compared to last year from January to November.

By the end of November, world aluminum inventory is less than 2,690,000 ton. In London, Shanghai and Tokyo, aluminum inventory grew to 1,042,000 ton.

WBMS said, China output increased to 2,991,000 ton, takes up one third of the total amount. Semi-finished aluminum products rose 44%.

In the 27 counties in EU, the total amount increased less than 1%, NAFTA output grew 5.6%.

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