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  Under the dominance of the off-season, the differentiation of aluminum scrap prices at high levels is significant, with secondary aluminum alloy facing inventory buildup pressure amid weakness [Weekly Review of Aluminum Scrap and Secondary Aluminum]

  [Weekly Review of Aluminum Scrap and Secondary Aluminum: Under the Dominance of Off-Season, Aluminum Scrap Prices Show Significant Differentiation at High Levels, While Secondary Aluminum Alloy Faces Inventory Buildup Pressure amid Weak Market Conditions] Overall, the ongoing tug-of-war between cost support and weak off-season demand persisted. After a 50-100 yuan/mt decrease in ADC12 prices during the week, prices stabilized temporarily, but the influx of low-priced goods intensified market competition. Looking ahead, with the deepening impact of the off-season and inventory accumulation, ADC12 prices are expected to remain in the doldrums in the short term. Close attention should be paid to marginal changes in raw material circulation and signs of improvement in demand.

• News of production cuts at stainless steel mills spurs transactions, with inventory pulling back below 1 million mt [SMM Analysis]

• [SMM Weekly Review of Hydrogen Energy Industry] 20250626

• China Northern Rare Earth: Recent orders have maintained a stable trend, with the overall situation better than expected. We are optimistic about the future trend of rare earth prices.

• Tender for Procurement of Alloy Steel Scrap for Railway Equipment