Aluminum Inventories Rise in Major Domestic Consumption Areas

Published: Jan 27, 2025 16:58

January 27 News:

According to SMM statistics, as of January 27, the social inventory of aluminum ingots in major domestic consumption areas was 492,000 mt (an increase of 32,000 mt WoW as of last Monday); the aluminum billet inventory in major domestic consumption areas was 222,800 mt (an increase of 22,800 mt WoW as of last Thursday).

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
Vedanta Aluminium Accelerates Digital Transformation with AI and IoT for Smart Manufacturing
1 hour ago
Vedanta Aluminium Accelerates Digital Transformation with AI and IoT for Smart Manufacturing
Read More
Vedanta Aluminium Accelerates Digital Transformation with AI and IoT for Smart Manufacturing
Vedanta Aluminium Accelerates Digital Transformation with AI and IoT for Smart Manufacturing
Recently, Vedanta Aluminium, India’s largest aluminum producer, has accelerated the digital transformation of its plants, deploying artificial intelligence, industrial IoT, advanced analytics, and intelligent safety systems at scale to build a next-generation connected smart manufacturing system and comprehensively enhance site safety, production efficiency, and operational resilience. Its digital transformation has already delivered tangible results across multiple business areas, including production and manufacturing, logistics and transportation, asset management, and on-site safety. In logistics management, the Korba smelter, Vedanta Aluminium’s core production site, has built an AI control tower that integrates GPS positioning, IoT vehicle tracking, video telematics, geofencing, and real-time data analytics to enable end-to-end intelligent monitoring of coal transportation, finished product warehouse withdrawals, fly ash disposal, and other logistics processes, significantly improving logistics scheduling and oversight. In safety development, the Lanjigarh site has focused its digital efforts on personnel safety training and emergency response capability building.
1 hour ago
Accelerated destocking of aluminum ingots during the peak season supports aluminum prices to hold up well in the short term [SMM Aluminum Morning Meeting Summary]
1 hour ago
Accelerated destocking of aluminum ingots during the peak season supports aluminum prices to hold up well in the short term [SMM Aluminum Morning Meeting Summary]
Read More
Accelerated destocking of aluminum ingots during the peak season supports aluminum prices to hold up well in the short term [SMM Aluminum Morning Meeting Summary]
Accelerated destocking of aluminum ingots during the peak season supports aluminum prices to hold up well in the short term [SMM Aluminum Morning Meeting Summary]
[Accelerated destocking of aluminum ingots in peak season supports aluminum prices to hold up well in the short term] Overall, amid intertwined bullish and bearish factors, aluminum prices are expected to continue to consolidate at highs.
1 hour ago
Henan Alumina Factories Raise Caustic Soda Purchase Price by 50 Yuan/Ton in September
1 hour ago
Henan Alumina Factories Raise Caustic Soda Purchase Price by 50 Yuan/Ton in September
Read More
Henan Alumina Factories Raise Caustic Soda Purchase Price by 50 Yuan/Ton in September
Henan Alumina Factories Raise Caustic Soda Purchase Price by 50 Yuan/Ton in September
[The purchase price of caustic soda from the mainstream alumina factory in Henan Province] SMM informed that the purchase price of 32% ion membrane liquid alkali standing order of the mainstream alumina factory in Henan increased by 50 yuan/ton in September compared to August. And the delivery-to-factory price was 2,270 yuan/ton (price adjusted on a 100% concentration basis).
1 hour ago