Primary aluminium inventories fell 60,000 mt over weekend

[SMM Weekly Aluminum Billet Shipments] According to SMM statistics, 6063 aluminum billet shipments from major domestic consumption sites were in the 50,000-tonne range during October 12-18, well above the September weekly average, as post-holiday pick-up lifted offtake.

[SMM Weekly Aluminum Billet Warehouse Withdrawals Statistics] According to SMM statistics, during Oct. 12-18, China's 6063 aluminum billet warehouse withdrawals stood at the 50,000 mt level, notably higher than the weekly average in September, with the pace of withdrawals significantly accelerating compared with the pre-holiday period. By region, Foshan ranked first in withdrawals, serving as the main source of national withdrawals; Wuxi and Huzhou followed; Changzhou and Nanchang saw relatively limited withdrawals. Overall, post-holiday production resumptions and cargo pick-ups by downstream enterprises drove aluminum billet consumption, and the rebound in withdrawals provided support for processing fees. For complete warehouse withdrawals by region, historical series, and detailed changes, please log in to the SMM data terminal.

On October 12, inside the production workshop of Xinyue Aluminum (Hubei) Co., Ltd. in the Green Recycling Industrial Park, machines roared and production was in full swing. With the project now fully operational, both the southern and northern zones of the company have been put into operation, all production lines are running at full capacity, and annual capacity has reached 300,000 mt. The enterprise is working at full throttle to rush orders and stabilize production. According to Liu Junjun, the company's head, the medium-thickness plates currently being rushed through the production line are the company's core flagship product. Made with an advanced hot-rolling and calendering process, and after multiple procedures such as straightening and stretching, the plate surfaces are flatter and smoother, meeting a wide range of industrial applications.