October 2024: Transition phase to off-season results in decreased billet production in China
China's primary aluminium billet output in October 2024 retreated from its previous month's high as many billet manufacturers reduced their production pace due to several unfavourable factors like high selling prices, lower processing fees, and sluggish downstream demand. Usually, October is a season when the market takes a turn aligned with the year-end goals.
Image Source: Made-in-China
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