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  The off-season atmosphere in the fundamentals is strong. Pay attention to the impact of the Sino-US negotiation results on prices [SMM Aluminum Price Weekly Review]

  [SMM Weekly Aluminum Price Review: Strong Off-Season Atmosphere in Fundamentals, Focus on Impact of Sino-US Negotiation Results on Prices] Overall, on the macro side, the domestic favorable atmosphere remains unchanged, and the sentiment of "anti-rat race" competition has dissipated. Subsequent attention will be paid to the impact of the Sino-US negotiation results. On the fundamental side, amid the release of supply increments and the suppression of the off-season consumption, the expectation of inventory buildup remains strong. Spot premiums/discounts are in the doldrums, and subsequent attention should be paid to changes in inventory and demand. Next week, the most-traded SHFE aluminum contract will trade around 20,300-20,800 yuan/mt, and LME aluminum will trade around $2,550-2,620/mt.

• Tender for 20 Items of Hongjian Steel Materials Procurement

• Tender for procurement of 202 stainless steel scrap (crushed material) and 200-series stainless steel scrap (adhesive paper material)

• Tender for procurement of steel scrap bales (4-6mm) and other items

• Baicheng Fujia Technology Assists SMM in Creating the "2025 China Wire and Cable Production Equipment and Consumables Accessories Procurement Guide"