Aluminium billet inventories shrank 15,800 mt to 165,200 mt

Published: Apr 15, 2021 17:02

Save

Shipments of aluminium billet out of warehouses rose 300 mt on the week to 57,100 mt as downstream demand improved.

SHANGHAI, Apr 15 (SMM) –Shipments of aluminium billet out of warehouses rose 300 mt on the week to 57,100 mt as downstream demand improved.
SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 15,800 mt from the previous week to 165,200 mt as of Apr 15. Stocks shrank 8,400 mt in Foshan and 4,500 mt in Wuxi. Aluminium prices continued to fluctuate at high levels this week, and downstream users mainly restocked on demand. Shortages of railway containers in north-west China and rising transportation fees in Guangxi led to declines in aluminium billet arrivals.
Aluminium billet social inventories are likely to fall slightly next week.

Aluminium billet Inventory data

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

8 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.

8 mins ago

21 mins 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.

21 mins ago

23 mins 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.

23 mins ago