Aluminum Extrusion Exports Decline Sharply in December, Short-Term Trend to Persist

[SMM Analysis: Aluminum Extrusion Exports Pulled Back as Expected in December, Short-Term Decline Likely to Persist]

SMM, January 22: According to customs data, China's aluminum extrusion exports (HS codes 76041010, 76041090, 76042100, 76042910, 76042990) totaled 74,100 mt in December 2024, down 40.04% MoM and 16.58% YoY. The decline was mainly attributed to the Ministry of Finance's announcement on November 15 to cancel the aluminum semis export tax rebate policy starting December 1, which led enterprises to rush to meet deadlines in November, overdrawing subsequent export volumes.