[SMM Analysis: Domestic aluminum billet production cuts statistics released! Will the forecasted production for July plummet?] The wave of aluminum billet production cuts has intensified, evolving from marginal cuts in early June to large-scale production cuts in multiple regions by late June and early July. The scale of aluminum billet production cuts continued to expand slightly in mid-July, and it was not until late July that some billet plants chose to resume production. In the past two months, the proportion of domestic liquid aluminum has encountered significant obstacles in its upward trend. The daily average production of domestic primary aluminum billets in June remained flat compared to May at around 49,000 mt/day, but it is expected that this figure will plummet in July to...

Overall, under the interaction of supply-side support and demand-side suppression, the short-term fluctuations of magnesium prices will mainly revolve around a high level, and the market needs to find a new balance amid the competition between the two.