SMM

In late February, domestic aluminum inventory still failed to show a remarkable performance, with inventory buildup remaining on the "fast track." The recent rise in aluminum prices was also somewhat hindered by inventory performance. According to Shanghai Metals Market (SMM), as of February 24, 2025, the total social inventory of aluminum ingots and aluminum billets in China climbed to 1.194 million mt, surpassing the key thresholds of 1 million mt and 1.1 million mt consecutively, and once again approaching the 1.2 million mt mark. Specifically...