SMM News: Aluminum Bar Operating Rate Declines as Peak Consumption Season Ends

Published: Nov 10, 2024 19:30

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SMM News on November 10: According to the latest weekly survey data from SMM, the weekly operating rate of aluminum bars this week recorded 67.49%, a decrease of 0.91% from the previous week, indicating a continued downward trend in the operating rate. As we enter the mid-to-early period of November, the traditional peak consumption season of "Golden September and Silver October" has officially ended, and the market has seen a notable shift between peak and off-peak seasons. According to SMM's survey, domestic aluminum profiles received fewer new orders in November. Industrial aluminum profiles gradually declined after experiencing peak demand, while demand for aluminum profiles in South China weakened significantly...

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