Aluminum Billet Stocks in Guangdong Grow More than 60%, SMM Says

Published: Aug 11, 2017 17:25

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Aluminum billet stocks in Guangdong, China’s most active aluminum billet consumption hub, rose as much as 61.3% month-on-month as of August 10, SMM statistics showed.

SHANGHAI, Aug. 11 (SMM) –Aluminum billet stocks in Guangdong, China’s most active aluminum billet consumption hub, rose as much as 61.3% month-on-month as of August 10, SMM statistics showed.

China Aluminum Stocks to Exceed 1.8 Million Tonnes in Q1 2018, SMM Predicts
Total stocks in the region were 115,200 tonnes as of August 10, up 43,800 tonnes or 61.3% from July 10.

Massive Output Cuts Not Enough to Reverse Oversupply in China Aluminum Market, SMM Says
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Guangdong Aluminum Billet Stocks

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