December 27, 2024—
Aluminum rod: Despite the year-end and the gradual transition of downstream consumption into the off-season, the supply side, constrained by the pressure of liquid aluminum consumption, maintained overall operating capacity at a high level. Northern enterprises generally experienced slight production cuts, while aluminum rod enterprises in south China operated steadily, leading to a slight tightening in aluminum rod market supply. According to the SMM survey, aluminum rod manufacturers reported that although January-February is typically an off-season for consumption, there might be concentrated stockpiling demand before the holiday. Considering that aluminum rod processing fees are slightly more advantageous compared to aluminum billet, manufacturers may adopt a strategy of reducing aluminum billet production and increasing finished product inventories of aluminum rods…
Aluminum rod: Despite the year-end and the gradual transition of downstream consumption into the off-season, the supply side, constrained by the pressure of liquid aluminum consumption, maintained overall operating capacity at a high level. Northern enterprises generally experienced slight production cuts, while aluminum rod enterprises in south China operated steadily, leading to a slight tightening in aluminum rod market supply. According to the SMM survey, aluminum rod manufacturers reported that although January-February is typically an off-season for consumption, there might be concentrated stockpiling demand before the holiday. Considering that aluminum rod processing fees are slightly more advantageous compared to aluminum billet, manufacturers may adopt a strategy of reducing aluminum billet production and increasing finished product inventories of aluminum rods…
