On April 18, 2025, local time, the opening ceremony of Jingjiu Group Vietnam Company and the groundbreaking ceremony of the second phase project were grandly held at the production site in Tay Ninh Province, Vietnam, marking a new stage in Jingjiu Group's globalization strategy. The event, themed "Innovation-Driven, Global Dream," was attended by strategic partners from over 40 countries and regions, relevant leaders of the Vietnamese government, leaders of Jingjiu Group, and dealer partners, who jointly witnessed this milestone moment, demonstrating the group's high regard for the Vietnamese market and its firm confidence in future development. Images Images Before the celebration began
【SMM: Analysis of China's Secondary Aluminum Market and Price Assessment Methodology in 2025】On April 18, at the AICE 2025 SMM (20th) Aluminum Industry Conference and Aluminum Industry Expo—Global Secondary Aluminum Industry Development Forum, co-hosted by SMM Information & Technology Co., Ltd., SMM Metal Trading Center, and Shandong Aisi Information Technology Co., Ltd., and co-organized by Zhongyifeng Jinyi (Suzhou) Technology Co., Ltd. and Lezhi County Qianrun Investment Service Co., Ltd., Limin Zhang, Senior Analyst of Secondary Aluminum at SMM, shared insights on the analysis of China's secondary aluminum market and the price assessment methodology for 2025. Overall, the cost of aluminum scrap continues to strongly support the price of ADC12, but increased supply and demand falling short of expectations may limit price increases.