Under the Dual Pressure of North American Capacity Recovery and a Widening SHFE/LME Price Ratio, July Aluminum Plate/Sheet and Strip Exports Peaked and Pulled Back [SMM Analysis]
[SMM Analysis: Aluminum Plate/Sheet and Strip Exports Peaked and Pulled Back in July Under Dual Pressure from North American Capacity Recovery and SHFE/LME Price Ratio Widening] According to customs data, China's exports of aluminum plate/sheet and strip (including aluminum plates, sheets, strips, and aluminum-plastic composite panels) reached 321,900 mt in July 2026. On a MoM basis, July exports fell 9.1% from 354,000 mt in June, a reduction of approximately 32,100 mt, ending three consecutive months of growth. July exports were up 24% YoY. Cumulative exports of aluminum plate/sheet and strip from January to July 2026 reached 2.1113 million mt, up 19.5% YoY on a cumulative basis.