The aluminum processing industry is experiencing a surge in orders, with several aluminum processing companies launching a new round of capacity expansion.
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Golden Ten Data reported on May 18 that since the beginning of this year, the aluminum processing industry has shown a booming trend, with both production and sales remaining strong. In places such as Sichuan, products like aluminum plates, strips, foils, and aluminum wires have seen surging order demand, resulting in busy scenes on the production floors of aluminum processing companies. A company producing aluminum foil blanks for new energy batteries and double-zero foil for food packaging has experienced a significant increase in orders compared to last year, with all 13 of its aluminum foil casting and rolling production lines running at full capacity. Orders for aluminum processing companies dealing in wire and tube products are also increasing, with some companies having their products shipped out on the same day they are produced, resulting in nearly zero inventory. To meet the continuously rising demand from the new energy and high-end manufacturing sectors, many aluminum processing companies have started a new round of capacity expansion. Industry insiders noted that conflicts in the Middle East have intensified uncertainties in the global aluminum supply chain, leading some overseas aluminum plants to reduce production and tightening overall supply. By comparison, the domestic aluminum supply chain has demonstrated remarkable resilience and stability, effectively accommodating the overseas shift in order demand.
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