SMM Aluminum Monthly Report (20250307)

Published: Mar 7, 2025 13:09
The Details of the February Aluminum Market Hot Topic Are as Follows......

February Aluminum Market Hot Topics:

  • Price Forecast: Market Sentiment Remains Bullish; Futures and Spot Prices May Fluctuate Upward (P5)
  • Bauxite: High Prices Stimulate Increased Bauxite Supply from Guinea; Bauxite Supply and Demand Fundamentals Are Expected to Improve (P6)
  • Alumina: New Alumina Capacity Came Online in February; Production Cuts Reported in Some Regions in March (P10)
  • Aluminum: Aluminum Profitability Recovered; Previously Curtailed Capacity Gradually Resumed Production in Early February (P16)
  • Inventory: Domestic Aluminum Ingot Inventory Saw the First Post-Holiday Destocking in Early March, with the Turning Point Emerging Slightly Earlier Than Expected (P20)
  • Aluminum Auxiliary Material: Prebaked Anode Prices Soared in February; Prices May Decline Next Month Following Weaker Raw Material Prices (P23)
  • Aluminum Scrap: Post-Holiday Aluminum Scrap Market Slowly Recovered; Supply and Demand Both Increased, and the Price Center Rose Alongside Primary Aluminum (P26)
  • Aluminum Plate/Sheet and Strip: Operating Rates for Aluminum Plate/Sheet and Strip Were Under Pressure in February; Marginal Recovery May Occur During the Traditional Peak Season (P28)
  • Aluminum Extrusion: Mild Recovery After the Holiday; Domestic Aluminum Extrusion Operating Rates Slightly Declined in February (P32)
  • Aluminum Wire and Cable: Weak Recovery in February; New Orders Secured, Industry Poised for Growth (P35)
  • Aluminum Rod: Operating Rates for Aluminum Rod Rebounded in February, Leading to Ample Market Supply; Weak Downstream Demand Resulted in Fluctuating Downward Processing Fees (P36)
  • Secondary Aluminum Alloy: Increased Supply Coupled with Slow Demand Recovery; Post-Holiday ADC12 Price Gains Were Limited (P38)
  • Primary Aluminum Alloy: Operating Rates for Primary Aluminum Alloy Steadily Recovered in February; Downstream Demand Continued Its Weak Recovery Trend (P40)

 

For More Details, Refer to the China Aluminum Monthly Report 20250307
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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