China Aluminum Stocks Surge Again After Hitting All-Time High, SMM Says

SHANGHAI, Aug. 3 (SMM) – Aluminum ingot stocks in China’s five major markets, including SHFE aluminum stocks, kept refreshing record highs recently, SMM statistics showed.

SHFE Aluminum Soars after Much-Higher-than-Expected Cut Rumor at China Hongqiao 
As of August 3, stocks in Shanghai (275,000 tonnes), Wuxi (566,000 tonnes), Gongyi (95,000 tonnes), Hangzhou (88,000 tonnes) and Nanhai (310,000 tonnes) totaled 1.33 million tonnes, up 51,000 tonnes from a week ago.  

Chalco to Replace 2 Million Tonne Alumina Project with Much Bigger One for Environmental Reason

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