Operating rates across major aluminium processor recovered slightly during peak season

Telah Terbit: Sep 7, 2020 13:25
Operating rates across large producers are expected to remain largely stable in the short term. Large producers shortened their production schedules as orders on hand decreased slightly and received fewer new orders than expected. Exports recovered slightly. Sharp declines in aluminium prices attracted extrusion producers to stockpile on Thursday and Friday. Slow construction in the infrastructure and real estate sectors affected orders and cash flows at some producers. Most of the producers see stable output in September when compared to August.

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Operating rates across large producers are expected to remain largely - Shanghai Metals Market (SMM)