The global Aluminium Ingot market has exhibited signs of weakness in recent weeks, with prices declining across major regions. While overall production has increased, particularly in China, demand from key downstream sectors has been sluggish. In China, in the fourth week of July, Aluminium Ingot prices decreased marginally by x.xx to USD x,xxx per metric ton EX Shanghai. This decline is attributed to reduced demand from downstream industries during the traditional manufacturing off-season, coupled with increased aluminium production leading to oversupply. The United States has also experienced a decline in aluminium prices, mirroring the global trend.
In the United States, Aluminium Ingot prices fell by x.xxx to USD x,xxx per metric ton DEL Alabama in the week ending July xxth. This decline of Aluminium Ingot price aligns with the steady fall in aluminium prices on both the London Metal Exchange (LME) and China&#xx;s Shanghai Futures...
