Aluminium billet inventories rose 4,000 mt on week on larger arrivals

Published: Sep 17, 2020 16:33
Inventories of aluminium billet in China increased this week due to increased arrivals.

SHANGHAI, Sep 17 (SMM) – Inventories of aluminium billet in China increased this week due to increased arrivals.

 

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China built up 4,000 mt from a week ago to 67,600 mt as of Thursday September 17.

 

Inventories in Foshan and Nanchang accumulated week on week, while stocks in Wuxi, Changzhou, and Huzhou declined.


 

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 for 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
Sunho New Material Achieves ASI Dual Certification for Aluminum Foil Manufacturing
1 hour ago
Sunho New Material Achieves ASI Dual Certification for Aluminum Foil Manufacturing
Read More
Sunho New Material Achieves ASI Dual Certification for Aluminum Foil Manufacturing
Sunho New Material Achieves ASI Dual Certification for Aluminum Foil Manufacturing
Sunho New Material Technology Co., Ltd., a subsidiary of Henan Sunho Coal & Electricity Co., Ltd., made an important breakthrough in the aluminum sector by successfully passing the dual certification of the Aluminium Stewardship Initiative (ASI), namely the Performance Standard V3.1 (2023) and the Chain of Custody (CoC) Standard V2 (2022). The certification scope fully covered its aluminum and aluminum alloy foil manufacturing operations. Its production site boasts a strong capacity, with an annual capacity of up to 115,000 mt of thin-gauge aluminum foil and battery aluminum foil, and its production line is equipped with a full suite of advanced equipment including aluminum foil rolling mills, roll grinders, slitting equipment, precision cutting lines, and annealing furnaces. ASI recently announced this news, and the audit for this certification was performed by Shanghai Nuo Hua Wei Certification Co., Ltd. (DNV).
1 hour ago
Novelis Spends $330K on Q2 2026 U.S. Lobbying for Aluminum Industry Policies
1 hour ago
Novelis Spends $330K on Q2 2026 U.S. Lobbying for Aluminum Industry Policies
Read More
Novelis Spends $330K on Q2 2026 U.S. Lobbying for Aluminum Industry Policies
Novelis Spends $330K on Q2 2026 U.S. Lobbying for Aluminum Industry Policies
[SMM Aluminum Express News] Novelis spent US$330,000 on U.S. federal lobbying during the second quarter of 2026, focusing on aluminum trade, manufacturing, recycling, energy, tax and environmental policies, according to newly filed lobbying disclosures. The company retained multiple lobbying firms and continued engaging policymakers on issues affecting the U.S. aluminum industry, including trade and industrial competitiveness. The disclosures highlight Novelis' continued policy engagement as the U.S. expands measures to strengthen domestic aluminum manufacturing and recycling through Section 232 tariffs and broader industrial policy initiatives.
1 hour ago
ADC12 Market Sluggish, Prices Edge Lower Amid Weak Demand and Easing Costs
1 hour ago
ADC12 Market Sluggish, Prices Edge Lower Amid Weak Demand and Easing Costs
Read More
ADC12 Market Sluggish, Prices Edge Lower Amid Weak Demand and Easing Costs
ADC12 Market Sluggish, Prices Edge Lower Amid Weak Demand and Easing Costs
[SMM Aluminum Alloy Daily Review] Today, the ADC12 market remained in the doldrums, with the center of quotations edging lower. The pullback in aluminum prices weakened cost support; meanwhile, the off-season effect continued to intensify, with downstream end-users maintaining just-in-time procurement, leading to sluggish overall transactions. Under the dual pressure of weak demand and easing costs, market quotations came under pressure and pulled back. However, some enterprises, considering high costs, still held prices firm with a wait-and-see sentiment. ADC12 prices are expected to move sideways in the short term. Going forward, close attention should be paid to primary aluminum price trends, fluctuations in aluminum scrap costs, and the substantial recovery of end-user orders.
1 hour ago