Aluminum Demand Recovers as Downstream Operations Resume Post-Holiday

Published: Mar 12, 2026 16:37

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[SMM Flash News] Aluminum Fundamentals This Week
SMM, March 12:
Fundamentals: Downstream producers gradually resumed operations after the holiday, and demand for liquid aluminum continued to recover. As of this Thursday, the weekly proportion of liquid aluminum rebounded by about 1.2 percentage points WoW, end-use demand steadily repaired, and downstream operating rates increased further. Driven by the PV installation rush, operating performance remained strong; construction recovered slowly after the holiday, and extrusion operating rates rose WoW; boosted by auto and packaging orders, aluminum plate/sheet, strip and foil operating rates also rebounded this week.

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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