Aluminium billet inventories shrank 3,900 mt to 232,900 mt

SHANGHAI, Mar 18 (SMM) –SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 3,900 mt from the previous week to 232,900 mt as of March 18. Stocks dropped by 2,000 mt and 5,000 mt in Changzhou and Huzhou, but rose 2,100 mt in Wuxi.