Nearly 40% Aluminum Profile Enterprises Reduced Material Inventory

(China Aluminum Network) According to the data provided by SMM that nearly 50% enterprises’ material inventory was kept stable in October, 10% increased, 40% reduced.

SMM learned that many enterprises all increased inventories in September since it was the end of holidays, while adjusted inventories after holidays and conducted on-demand procurement.

Moreover, lack of orders and heavy fund pressure also were the reasons that caused adjustment of inventories.

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