SHANGHAI, Aug. 10 (SMM) – Aluminum stocks in China’s five major markets, including SHFE aluminum stocks, continued growing this week to new record highs, SMM statistics showed.
Weiqiao Closes Illegal Aluminum Capacity? Fact Turns Out to Be Ironic!
As of August 10, stocks in Shanghai (275,000 tonnes), Wuxi (589,000 tonnes), Gongyi (94,000 tonnes), Hangzhou (90,000 tonnes) and Nanhai (325,000 tonnes) totaled 1.37 million tonnes, up 39,000 tonnes from a week ago.
Massive Output Cuts Not Enough to Reverse Oversupply in China Aluminum Market, SMM Says
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn