April 22, 2020 SMM aluminum rod processing fee quotation

In Q1 2026, China’s aluminum semis exports showed a pronounced pattern of product-category divergence amid the interplay of three factors: the long-term impact of the cancellation of export tax rebates in December 2024, the divergence in demand structures outside China, and the sudden outbreak of geopolitical conflict in the Strait of Hormuz.....

According to SMM data, total aluminum production outside China in March 2026 edged up 0.2% YoY, while daily average production outside China fell 2.7% MoM, mainly due to extensive production cuts and suspensions at aluminum plants in Mozambique and the Middle East during March. Looking ahead to April, although aluminum plants in the US and Iceland are expected to resume production, the resumption of production at a Spanish aluminum plant continues to advance, and operating capacity at new projects in Indonesia and Angola continues to ramp up, given the large-scale production cuts and suspensions at aluminum plants in the Middle East and Mozambique in March and the further emergence of their impact, aluminum production outside China is expecte