Eurasian Economic Commission Initiates Sunset Review on Anti-Dumping Duty for Chinese Aluminum Kitchenware

According to SMM statistics, on July 30, aluminum billet inventory in major consuming regions in China stood at 119,500 mt, down 2,500 mt from last Monday and down 1,500 mt from last Thursday. The inventory ended its two-week buildup trend and shifted to slight destocking. On a YoY comparison basis, inventory was 27,500 mt lower than the same period in 2025, 9,700 mt lower than in 2024, but 40,600 mt higher than in 2023.

[Scrap Aluminum and Secondary Aluminum Weekly Review: Cost-Driven Price Strengthening, High-Temperature Holiday Drags Demand, ADC12 Gains Constrained] This week, ADC12 market prices first stabilized and then rose. SMM ADC12 prices held steady at 24,000 yuan/mt early in the week, were raised for two consecutive days mid-week driven by costs, and stood at 24,200 yuan/mt as of Thursday, up 200 yuan/mt from last Thursday. The cost side remained the core driver of this week's price increase.

According to SMM data, in July 2026, total aluminum production outside China fell 6.7% YoY, while daily average production outside China rebounded 1.6% MoM, mainly due to progress in production resumptions at aluminum plants in the Middle East and Iceland, as well as production ramp-ups and power-on commissioning at projects in Indonesia, Vietnam and other regions, which boosted output.