Operating Rates of Chinese Aluminium Extrusion Enterprises to Remain Stable in Apr

SHANGHAI, Apr 13 (SMM) - Entering April, orders received by construction aluminium extrusion enterprises have decreased on the month. The aluminium billet market was in a supply surplus in March, resulting in a rapid drop in processing fees. Shipments of aluminium billets have also shown a downward trend for four consecutive weeks, suggesting a shrinking extrusion demand in April. In addition, in the first quarter of 2023, extrusion companies produced actively, mainly the extrusion for PV, automotive, high-end finishing, etc. The market competition is further intensified, especially for small and medium-sized enterprises. In April, the operating rates of Chinese aluminium extrusion enterprises will remain stable, while the sustainability of demand recovery is in doubt. It is still necessary to keep an eye on the operating rates and completed floor space of the real estate industry.