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Home / Metal News / SMM Aluminum Market Weekly Report 20250430

SMM Aluminum Market Weekly Report 20250430

iconMay 6, 2025 09:30
Source:SMM
Details of the hot topics in the aluminum market this week (April 25-29, 2025) are as follows......
  • Hot topic this week: The divergence in the PMI of the aluminum processing industry intensified in April - sluggish growth in demand, and the supporting effect of the traditional peak season gradually faded away.
  • Forecast for next week: The shadow of the tariff war lingers, and SHFE aluminum may be in the doldrums after the holiday.
  • Aluminum: Stockpiling before the holiday accelerated destocking, and the risk of inventory buildup after the holiday still warrants caution.
  • Bauxite and Alumina: Bauxite inventory buildup at ports is significant. Production resumptions of alumina, coupled with new investments, have driven a rebound in operating capacity.
  • Aluminum Billet and Extrusion: Just-in-time stockpiling before the holiday accelerated inventory reduction. The improvement in building material orders supported industry operations.
  • Secondary Aluminum: The holiday disrupted both supply and demand, resulting in a weak market for secondary aluminum, which is expected to remain in the doldrums in the short term.
  • Aluminum Auxiliary Materials: The cost of prebaked anode has loosened, leading to a significant price correction. The supply and demand of aluminum fluoride are at a stalemate, facing downward pressure.

For more details, please refer to the China Aluminum Market Weekly Report (20250430).

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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