Brazil aluminum output dips through February
Brazil's primary aluminum production for the January-February period was 126,100t, compared with 134,300t for the same two months of 2015, industry association Abal reported.
Primary aluminum output in February dipped 3.6% year-on-year to 61,200t. Brazilian production of the metal began declining in March 2014 and has yet to bounce back. For full-year 2015, output totaled 772,200t.
The latest data reflects curtailments and shutdowns as the country shifts from being a leading aluminum exporter to a net importer. Aluminum's low price on the international market and Brazil's high energy costs are factors behind the trend.
Abal is made up of CBA, part of local conglomerate Votorantim, as well as US-based Alcoa, BHP Billiton, Albras and Novelis.
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