Aluminum Alloy Futures Retreat After Intraday Rise, Spot Market Slows Before Chinese New Year

[SMM Analysis]ADC12 Prices Accelerated Rise to Hit Highs in January, Center Expected to Pull Back in February

[SMM Aluminum Morning Meeting Minutes: Seasonal Weakness Pressure Dominates, Aluminum Prices in the Doldrums] In summary, under the influence of earlier macro headwinds, a large amount of capital exited with profits, aluminum prices pulled back, and open interest decreased; however, as precious metals did not show a further downward trend, aluminum prices stabilized accordingly. In the short term, aluminum prices are expected to consolidate.

[SMM Aluminum Express News] Emirates Global Aluminium (EGA) and Century Aluminum have selected Bechtel to lead engineering for a new primary aluminum smelter in Inola, Oklahoma—the first new U.S. primary aluminum smelter since 1980. The project could potentially double America's current primary aluminum production capacity. Bechtel is collaborating with sustainability firm ERM to handle permitting, environmental reviews, regulatory compliance, and community engagement. The announcement supports U.S. efforts to reshore critical metals production amid growing demand for domestic aluminum in electrification, defense, and infrastructure.