WEEKLY: China's alumina stocks climb to new high on import arrivals, rail congestion

China's alumina inventories rose to a new high during the March 13-19 week, mainly driven by increased arrivals of imported material and growing stockpiles at rail yards, Mysteel's weekly survey found.

Total alumina stocks across the country's 10 major ports, 44 alumina producers, 89 primary aluminum smelters, and rail yards or in transit tracked by Mysteel reached a record 5.83 million tonnes as of March 19, up 1.1% from a week earlier, according to Mysteel's survey. The on-week increase was largely the result of continued