China's Aluminum Exports Up 45% Year-over-Year

Note: Clients with AEGIS Platform access can see this and other research, plus hedge portfolio reporting and tools here. 

• LME Aluminum 3M Select trades $6.25 higher to $3176 at 8:26:40 AM

  • (Bloomberg) – China’s aluminum exports hit a monthly record in June, as smelters and traders rushed to fill a global shortfall resulting from the conflict in the Middle East.  Shipments last month from the world’s largest aluminum producer surged 45% from a year earlier to 710,000 tons, according to customs data released Tuesday. With domestic output growing, Chinese smelters have been seeking to boost overseas sales as the war clouds the supply outlook in the Persian Gulf region, another major production hub for the light metal.  China’s June shipments were also 13% higher than in May, signaling that firms were keen to export as the domestic economy slowed. The country’s aluminum inventories have declined by over 30% from their April peak to 1.04 million tons as of Monday, according to researcher Mysteel Global.  Aluminum prices fell on Friday after Emirates Global Aluminium PJSC, the Middle East’s top aluminum producer, said it restarted a key alumina plant that was knocked offline by drone and missile strikes in late March. However, hostilities between the US and Iran have since intensified once more, with President Donald Trump reinstating a US blockade of Iranian ships and demanding a 20% reimbursement on other cargoes crossing the Strait of Hormuz.

• LME Copper 3M Select trades $52.75 higher to $13594.50 at 8:26:46 AM

• CME HRC Steel last traded at $1156 and $-2 lower at 7/13/2026          

Price Indications

Today's Charts

Metals Factor Matrix

AEGIS Factor Matrices: Most important variables affecting metals prices

Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program. Certain information in this presentation may constitute forward-looking statements, which can be identified by the use of forward-looking terminology such as “edge,” “advantage,” “opportunity,” “believe” or other variations thereon or comparable terminology. Such statements are not guarantees of future performance or activities.