Casting Ingot Volume Rose Across Chinese Aluminum Plants in January Despite Holiday

[SMM Data: Casting Ingot Volume Increased Across Aluminum Plants in January During the Chinese New Year Holiday]

SMM, January 24: According to SMM statistics, China's aluminum production in January 2025 (31 days) was up 3.8% YoY but down 0.3% MoM. The domestic operating capacity of aluminum remained largely stable MoM, with only a few aluminum plants in Shanxi reporting production cuts of 20,000 mt/year, while no resumption news has been reported for previously curtailed capacities. During the month, the proportion of casting ingot increased in many regions, while the proportion of liquid aluminum decreased by 2.9 percentage points MoM and was down 1.0% YoY. Based on SMM's data on the proportion of liquid aluminum, the casting ingot volume in December was up 7.3% YoY to approximately 1.13 million mt.