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SMM Aluminum Monthly Report (20250307)

iconMar 7, 2025 13:09
Source:SMM
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
 

For queries, please contact William Gu at williamgu@smm.cn

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