Aug Unwrought Aluminum Alloy Imports Continued to Recover MoM, Export Growth Narrowed [SMM Analysis]
[SMM Analysis]Overall, aluminum alloy imports rose MoM for the second consecutive month in August, with import volumes continuing to recover, though they remained basically flat YoY. Exports, while still posting strong YoY growth, pulled back MoM for the second straight month, suggesting that the earlier high-growth momentum in exports has weakened somewhat.