SMM Aluminum Price Gains Rank Second among Base Metals in September

[SMM Aluminum Alloy Flash] On September 17, SMM data showed that China's social inventory of cast aluminum alloy recorded 34,600 mt, up 500 mt WoW, marking the sixth consecutive week of inventory buildup since early August, though the pace of accumulation slowed down. By region, inventory changes diverged notably this week, with Jiangsu up 1,500 mt, while the other five regions combined decreased by 1,200 mt, of which Guangdong destocked 800 mt.

[SMM Aluminum Express News] Hindalco Industries has partnered with Germany-based Metalshub to introduce digital competitive bidding for its spot metallurgical-grade alumina sales, with the first tender expected in Q4 2026. Qualified buyers will submit confidential bids through structured request-for-bid events, widening the buyer pool and generating transaction data from actual competitive offers. The initiative is aimed particularly at improving price discovery in the alumina spot market, where most material is still sold under long-term contracts and spot assessments often rely on market surveys rather than completed transactions.