In late March, with the arrival of the traditional peak season, the operating rate of aluminum downstream processing enterprises continued to rebound, boosting the performance of domestic aluminum social inventories.
The macro front was positive, boosting aluminum prices.
In March 2024, the existing domestic aluminium rod capacity was 7.412 million mt.
EU singles out China, trade guide retains focus on key sectors
The European Commission has released a revised report on state-led distortions within the Chinese economy, expanding its scope to include additional sectors.
According to the US Census Bureau survey, the United States aluminium plates, sheets and bars imports in January 2024 jumped close to the previous year’s level, reaching 98,400 tonnes.