This week, the macro front was largely positive. Fed Chairman Powell clearly stated that rate cuts are the future policy direction, almost confirming a rate cut in September.
Aug 30, 2024 18:04The aluminum market prices experienced a continuous decline in July.
Aug 6, 2024 11:12According to SMM data, the comprehensive PMI index of the domestic aluminum processing industry recorded 41.80% in July 2024, up 0.2 percentage points MoM, remaining below 50% for three consecutive months.
Aug 1, 2024 15:45According to the SMM survey, the operating rate of the domestic aluminum wire and cable industry in May 2024 decreased by 0.38% MoM to 53.88%, up 6.12 percentage points YoY.
Jun 20, 2024 13:52According to the SMM analysis team, the aluminium rod supply was largely stable in December.
Jan 23, 2024 10:45Fundamentals: China's aluminium smelter operations stable as of Dec 14.
Dec 18, 2023 10:11
SHANGHAI, Oct 10 (SMM) – In September 2023, China's aluminium processing industry's composite PMI rose by 4.5% to 56.1%, marking the fourth consecutive month above the threshold of expansion, according to data from SMM.
Oct 10, 2023 13:41On the supply side, in August 2023, according to research and statistics by the SMM analysis team on sample data from aluminium rod manufacturers nationwide, the total installed production capacity of aluminium rods in China in August 2023 was 7.184 million mt.
Sep 19, 2023 14:08
SHANGHAI, Sep 6 (SMM) –According to SMM data, the comprehensive PMI index of the domestic aluminium processing industry in August 2023 fell by 1.5 percentage points MoM to 51.6%, and stayed above 50% for three consecutive months.
Sep 6, 2023 11:04
Here is a review of supply-and-demand of aluminium rods in June.
Aug 8, 2023 13:16