Secondary Aluminum Industry Operating Rate Rebounds Post-Holiday, But Full Recovery Still Pending

Published: Feb 26, 2026 17:17

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[SMM Flash] According to SMM data, the operating rate of leading enterprises in the secondary aluminum industry this week rebounded by 6.3 percentage points compared to the week before the holiday, mainly due to the concentrated start of post-holiday production resumptions. The overall resumption process in the first week after the holiday was relatively slow, with most enterprises gradually resuming work from the eighth to the fifteenth day of the first lunar month, initially focusing on furnace preheating. Although this drove a MoM improvement in the operating rate, the overall level had not yet returned to normal. On the demand side, the resumption of work in end-use industries progressed in an orderly manner, but order releases were not yet evident, with downstream procurement mainly f

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