SMM Aluminum Monthly Report (20250307)

Published: Mar 7, 2025 13:09

Save

The Details of the February Aluminum Market Hot Topic Are as Follows......

February Aluminum Market Hot Topics:

Price Forecast: Market Sentiment Remains Bullish; Futures and Spot Prices May Fluctuate Upward (P5)
Bauxite: High Prices Stimulate Increased Bauxite Supply from Guinea; Bauxite Supply and Demand Fundamentals Are Expected to Improve (P6)
Alumina: New Alumina Capacity Came Online in February; Production Cuts Reported in Some Regions in March (P10)
Aluminum: Aluminum Profitability Recovered; Previously Curtailed Capacity Gradually Resumed Production in Early February (P16)
Inventory: Domestic Aluminum Ingot Inventory Saw the First Post-Holiday Destocking in Early March, with the Turning Point Emerging Slightly Earlier Than Expected (P20)
Aluminum Auxiliary Material: Prebaked Anode Prices Soared in February; Prices May Decline Next Month Following Weaker Raw Material Prices (P23)
Aluminum Scrap: Post-Holiday Aluminum Scrap Market Slowly Recovered; Supply and Demand Both Increased, and the Price Center Rose Alongside Primary Aluminum (P26)
Aluminum Plate/Sheet and Strip: Operating Rates for Aluminum Plate/Sheet and Strip Were Under Pressure in February; Marginal Recovery May Occur During the Traditional Peak Season (P28)
Aluminum Extrusion: Mild Recovery After the Holiday; Domestic Aluminum Extrusion Operating Rates Slightly Declined in February (P32)
Aluminum Wire and Cable: Weak Recovery in February; New Orders Secured, Industry Poised for Growth (P35)
Aluminum Rod: Operating Rates for Aluminum Rod Rebounded in February, Leading to Ample Market Supply; Weak Downstream Demand Resulted in Fluctuating Downward Processing Fees (P36)
Secondary Aluminum Alloy: Increased Supply Coupled with Slow Demand Recovery; Post-Holiday ADC12 Price Gains Were Limited (P38)
Primary Aluminum Alloy: Operating Rates for Primary Aluminum Alloy Steadily Recovered in February; Downstream Demand Continued Its Weak Recovery Trend (P40)

For More Details, Refer to the China Aluminum Monthly Report 20250307

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

4 hours ago

Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution

Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.

4 hours ago

Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation

All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.

4 hours ago

Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027

The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.

4 hours ago