SMM

On the supply side, domestic aluminum production has been on the rise, with the total domestic output of aluminum reaching 3.68 million tons in July, a year-on-year increase of 3.2%. The total domestic output from January to July reached 24.86 million tons, a year-on-year increase of 5%. In August, the month-on-month growth rate of the domestic supply side is expected to slow down significantly, with a projected year-on-year increase of about 1.9%.