ADC12 Aluminum Alloy Prices Drop as Futures Retreat and Demand Weakens

[SMM Aluminum Update] According to SMM statistics, as of this Thursday, the social inventory of secondary aluminum alloy ingots in China's major consumption regions stood at 57,200 mt, up 400 mt WoW, marking four consecutive weeks of inventory buildup. Under off-season conditions, demand remained sluggish. Slow warehouse withdrawals, coupled with an accelerating shift from producer inventory to social inventory, meant that inventory destocking pressure persisted.

[SMM Aluminum Express News] Metro Mining mined 563,000 WMT of bauxite in April 2026 at its Bauxite Hills Mine in North Queensland, up 33% year-on-year despite disruptions from Tropical Cyclone Narelle. The company shipped 416,000 WMT during the month, down 2% year-on-year, while building stockpiles ahead of increased throughput from the return of the Ikamba offshore floating terminal.