Guangxi Alumina Factory Reduces Caustic Soda Purchase Price by 150 Yuan/Ton in July

[SMM Secondary Aluminum Alloy Flash] This week, China's social inventory of secondary aluminum alloy ingots fell 6,100 mt WoW to 44,300 mt, marking the fifth consecutive week of destocking, with the destocking speed accelerating WoW. Tight tax invoices and restricted procurement of compliant aluminum scrap continued to constrain enterprise production, keeping new warehouse inflows at a low level. Meanwhile, order deliveries and the recent widening of spot-futures price spreads boosted manufacturers' repurchase demand, driving inventories down further. It is expected that in the short term, affected by tight aluminum scrap supply, secondary aluminum enterprises will struggle to significantly ramp up operating rates, and social inventory will remain low.

[SMM Aluminum Express News] Magnitude 7 Metals will restart potline one at its Marston, Missouri aluminium smelter, bringing an additional 75,000 tpy of primary aluminium capacity online by the end of 2026. The American Primary Aluminum Association (APAA) welcomed the decision, noting that the restart, together with Century Aluminum’s Mt. Holly restart, could increase US domestic primary aluminium production by more than 20% while creating hundreds of manufacturing jobs and strengthening supply chain resilience.