June plate and strip exports hit a new monthly high for the year, while the recovery of transferred orders may bring correction pressure in H2 [SMM Analysis]
[SMM Analysis: June Aluminum Plate/Sheet, Strip Exports Hit New Monthly High for the Year; Transfer Order Recall and Potential Pullback Pressure in H2] In June 2026, China's exports of aluminum plate/sheet and strip reached 354,000 mt, up 10.6% MoM, setting a new monthly high for H1 2026. In H1, total exports amounted to 1.7891 million mt. By destination, Mexico topped the list with 45,300 mt, surging 46.4% MoM; US exports pulled back 29.2% MoM to 26,100 mt. By exporting province, Henan and Shandong together accounted for over 43%, continuing to lead the nation. In terms of product mix, exports of 0.2-0.28 mm aluminum alloy sheet (mainly can stock) reached 153,700 mt, accounting for 43.5%, continuing to dominate the export market. Notably, the production line of a leading North American rolling mill began to resume in June, and transfer orders have been gradually recalled. The high export activity driven by the order transfer effect in H1 is expected to face significant pullback pressure in H2.