SHANGHAI, May 12 (SMM) - The domestic aluminium billet social inventory stood at 168,600 mt as of May 11, up 10,900 mt from a week ago. Continuous cargo arrivals and poor downstream consumption contributed to inventory accumulation. An increasing share of molten aluminium has been made into billets and other intermediate products. Meanwhile, aluminium extrusion industry is gradually entering the off-season. Therefore, aluminium billet inventory will face great risks of building up.
Weekly Updates on China Aluminium Billet Inventory
SHANGHAI, May 12 (SMM) - The domestic aluminium billet social inventory stood at 168,600 mt as of May 11, up 10,900 mt from a week ago.
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