SMM Analysis: Aluminum Plate/Sheet and Strip Exports Surge in 2024, Despite Expected Decline in Future Prospects Remaining Bright

[SMM Analysis: Aluminum Plate/Sheet and Strip Exports Decline as Expected, Future Prospects Remain Promising]

In 2024, cumulative exports of aluminum plate/sheet and strip reached 3.4256 million mt, up 23.53% YoY. The significant YoY increase was mainly due to overseas customers depleting their raw material inventories to relatively low levels, a rebound in purchase willingness, and a partial recovery in demand from some overseas end-use markets compared to 2023.