China Aluminum Stocks Add further after Reaching All-Time High, SMM Says

SHANGHAI, Sept. 4 (SMM) – Aluminum stocks in China’s seven major markets, including SHFE aluminum warrants, kept refreshing record highs, SMM statistics showed.

Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand

As of September 4, stocks in Shanghai (291,000 tonnes), Wuxi (660,000 tonnes), Gongyi (118,000 tonnes), Hangzhou (98,000 tonnes), Nanhai (368,000 tonnes), Tianjin (51,000 tonnes) and Chongqing (25,000 tonnes) totaled 1.61 million tonnes, up 27,000 tonnes from a week ago.  

Aluminum to Remain in Upward Track if China Intensifies Capacity Cuts and Environmental Crackdowns, SMM Says

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