Domestic Refined Aluminium Social Inventory, up 12,000 Tonnes as Last Thursday

Published: Nov 20, 2017 14:46
Total inventory in seven places reaches 1.762 million tonnes, up 12,000 tonnes compared with last Thursday.

SHANGHAI, Nov.20 (SMM)-On Nov.20th, as per SMM statistics, domestic refined aluminium social inventory (SHFE warrants included) is listed as follows (unit: tonne): Shanghai 351,000, Wuxi 666,000, Gongyi 122,200, Hangzhou 96,000, Nanhai 442,000, Tianjin 55,000, Chongqing 30,000. Total inventory in seven places reaches 1.762 million tonnes, up 12,000 tonnes compared with last Thursday.


For news cooperation, please contact us by email: gaotian@smm.cn or service.en@smm.cn. 
 

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
56 mins ago
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
Read More
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
[SMM Aluminum Flash News] US, EU, Canada and Japan Aluminium Associations Raise Concerns Over China’s Subsidy Support
Aluminum associations from the United States, Europe, Canada and Japan highlighted OECD data showing that global aluminum-sector subsidies totaled USD118.3 billion during 2005-2024, with China accounting for USD101.4 billion, or 86% of the total. In 2024 alone, China received USD10.2 billion of the sector’s USD11.1 billion global subsidies. Industry groups noted that China’s share of global primary aluminum output has risen from 11% to 61% over the past two decades, with subsidy-supported growth extending into downstream processing and recycling. The associations called for coordinated measures, including import monitoring systems, tariff alignment and potential scrap export restrictions, to strengthen supply-chain security and support fair competition.
56 mins ago
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
56 mins ago
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
Read More
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
[SMM Aluminum Flash News] ALFED Launches 2026-2027 Strategic Framework to Strengthen UK Aluminum Industry
The Aluminum Federation (ALFED) launched its 2026-2027 Positions & Strategic Priorities Framework during a House of Lords reception in London. Discussions focused on energy competitiveness, recycling and remelting capacity, circular economy development, CBAM alignment and supply-chain resilience. UK Industry Minister Chris McDonald highlighted the importance of expanding domestic aluminum processing, recycling and value-added manufacturing. ALFED noted that the UK aluminum industry supports more than 108,000 jobs and contributes around £9.4 billion in GVA, while continuing to face challenges from high energy costs, investment pressures and evolving trade dynamics. Industry participants called for stronger policy support to enhance long-term competitiveness and resilience.
56 mins ago
[SMM Aluminum Flash News] Oklahoma Aluminum Smelter Project Becomes Key Issue in Governor Race
57 mins ago
[SMM Aluminum Flash News] Oklahoma Aluminum Smelter Project Becomes Key Issue in Governor Race
Read More
[SMM Aluminum Flash News] Oklahoma Aluminum Smelter Project Becomes Key Issue in Governor Race
[SMM Aluminum Flash News] Oklahoma Aluminum Smelter Project Becomes Key Issue in Governor Race
The proposed aluminum smelter project in Inola, Oklahoma, has become a major political issue after Attorney General and gubernatorial candidate Gentner Drummond filed a lawsuit seeking to halt the development. Concerns include potential impacts on electricity and water supplies, air quality and foreign ownership involvement. The project has received a USD255 million state incentive package and is viewed by supporters as a strategic investment that could create jobs and strengthen domestic aluminum supply for US manufacturing and defense sectors. Markets believe the project’s future will depend on political, environmental and resource-related considerations as legal proceedings continue.
57 mins ago