Guangyuan Signs 31 Aluminum-Based New Materials Projects Worth 21 Billion Yuan

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 04 Jun , 2026

According to SMM statistics, as of Thursday this week, the social inventory of secondary aluminum alloy ingots in China's major consumption regions decreased slightly by 400 mt WoW to 62,500 mt, ending seven consecutive weeks of inventory buildup. On one hand, insufficient input tax invoices forced some secondary aluminum smelters to cut production, tightening market supply; on the other hand, traders increased shipments as the spot-futures price spread widened, which, combined with downstream procurement and manufacturers' repurchase activities, accelerated spot circulation. In the short term, supported by invoice source constraints and the spot-futures price spread, social inventory may continue modest destocking, but weak demand will limit the scope for destocking.

Establishment of the new trade centre at Geelong is another way of consolidating Capral Aluminium’s presence in regional Victoria. This marks a significant development for the company as it seeks to extend its reach to serve the needs of regional Victoria. This is just one more step taken by the company in investing in the Australian manufacturing industry. The Geelong aluminium trade centre has been established to improve access to a comprehensive range of aluminium products for local businesses, manufacturers, fabricators and tradespeople. Customers will benefit from a wide selection of aluminium extrusions, sheet, plate and rolled products, supported by expert local assistance and Capral’s extensive national supply network.