Aluminium Extrusion Operating Rates To Fall In May, With Construction Extrusion Sector Entering Off-Season

SHANGHAI, May 16 (SMM) - With the arrival of the traditional off-season, new orders in the construction aluminium extrusion sector will decline further in May. High profits and strong demand drove many large-scale enterprises to actively expand industrial aluminium extrusion capacity this year, which has intensified market competition. Despite strong demand from the photovoltaic sector this year, many companies received fewer orders as they were unable to compete with large enterprises amid rapidly expanding capacity. Besides, end users reduced purchases of PV frames and brackets amid falling prices in the industry chain. Operating rates in the aluminium extrusion industry are expected to decline in May.