SHANGHAI, Aug. 31 (SMM) – Aluminum ingot stocks in China’s seven major markets have been growing steadily to new highs in nearly a decade.
LME Base Metals Inventories (2017-8-31)
SMM statistics showed stocks totaled 1.58 million tonnes on August 31, up almost 250,000 tonnes or 18.4% from the end of July.
Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand
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