Aluminum Billet Inventory Drops to 139,500 mt, Warehouse Withdrawals Recover, Processing Fees Under Pressure Across the Board [SMM Analysis]
Aluminum billet inventory fell to 139,500 mt, with warehouse withdrawals recovering and processing fees under pressure across the board. According to SMM statistics, on August 27, aluminum billet inventory in major domestic consumption areas was recorded at 139,500 mt, down 5,000 mt from last Monday and down 3,500 mt from last Thursday, ending a previous streak of inventory buildup and turning into a slight week-on-week decline. By comparison, it was 5,500 mt higher than the same period in 2025, 29,400 mt higher than 2024, and 69,900 mt higher than 2023, with the total inventory still at a relatively high level for the same period in recent years.