Aluminium exports surge 34% on higher output, fall in consumption

Exports of the white metal rose from 0.97 million tonnes to 1.3 million tonnes in the period

Aluminium exports from India have recorded a sharp rise of 34.02 per cent year-on-year (y-o-y) during April-January, 2017-18 on expanding domestic production and fall in consumption at home.

Exports of the metal rose from 0.97 million tonnes to 1.3 million tonnes in the period.

The production of primary aluminium in April-February in the last financial year expanded 5.8 per cent y-o-y from 1.58 million tonnes to 1.67 million tonnes.

“The domestic demand of aluminium has not kept pace with the rising production. This has led to surplus aluminium being exported. Further, exports of aluminium have turned lucrative owing to robust global aluminium prices,”