Aluminium billet inventories declined 15,600 mt on week

Published: May 28, 2020 16:27

Save

Inventories of aluminium billet in China extended their decline this week, driven by healthy demand and limited arrivals.

SHANGHAI, May 28 (SMM) – Inventories of aluminium billet in China extended their decline this week, driven by healthy demand and limited arrivals.

SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas—Foshan, Wuxi, Huzhou, Changzhou and Nanchang—in China fell 15,600 mt in the week ended May 28 to 77,100 mt, after a 20,000 mt decline in the previous week.

The five areas all saw losses in their aluminium billet inventories this week, with a drop of close to 10,000 mt in Foshan.

Inventory data Aluminium Aluminium billet

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

47 mins ago

Canyon Resources Advances Minim Martap Bauxite Project, Targets First Shipment in Late 2026

[SMM Aluminum Express News] Canyon Resources is advancing its Minim Martap bauxite project in Cameroon with integrated mine-to-port logistics ahead of first production in late 2026. The company has increased stakes in Camrail (26.9%) and the Port of Douala operator (42.8%) to secure rail and export capacity. Trial mining began in April 2026, with rail, port, and rolling stock commissioning underway. First bauxite shipment is targeted for late September 2026, while offtake talks and a potential alumina refinery study (due Q3 2026) are ongoing. The project targets high-grade bauxite averaging ~51% alumina and ~2% silica.

47 mins ago

1 hour ago

Century Aluminum Reports Q1 2026 Earnings, Expects Strong Q2 with Higher Prices and Mt. Holly Ramp-Up

[SMM Aluminum Express News] Century Aluminum reported Q1 2026 results with net sales of $649.2M, net income of $337.5M, and adjusted EBITDA of $231.4M. Net income included one-time gains from the Hawesville asset sale and insurance compensation related to the Iceland equipment failure. Liquidity stood at $611M as of March-end. The company expects Q2 adjusted EBITDA of $315–335M, supported by higher aluminum prices and ramp-up at Mt. Holly.

1 hour ago

Rio Tinto Q1 2026 Aluminum Output Rises 1% Amid Stronger Alumina Production and Global Supply Tightness

[SMM Aluminum Express News] Rio Tinto reported Q1 2026 aluminum output of 835,000 tons (+1% YoY), supported by stronger alumina production despite lower bauxite due to weather disruptions in Australia, including Tropical Cyclone Narelle impacts. The company also highlighted tighter global aluminum supply as the Middle East conflict removes ex-China output, contributing to a more pronounced market deficit outlook for 2026. Operationally, alumina strengthened after full ownership of Queensland Alumina Limited, while Kitimat ramped up in Canada, NZAS remained stable, and the AP60 project achieved first hot metal.

1 hour ago