SMM Aluminum Market Weekly Report 20250605

• Electrolytic aluminum: Destocking continued in early June, but demand weakened, and premiums dropped back slightly.
• Bauxite and alumina: Suppliers refused to budge on prices, leading to an increase in imported bauxite prices. With increased supply, spot alumina prices stopped rising.
• Aluminum billet and extrusion: Aluminum billet inventory bottomed out and rebounded, while processing fees were in the doldrums. Weakening demand in the construction materials sector dragged down the operating rates of extrusion production.
• Secondary aluminum: The upcoming listing of cast aluminum alloy futures has captured market attention, and secondary aluminum prices are in the doldrums.
• Aluminum auxiliary materials: The markets for petroleum coke and coal tar pitch are weak. Cost pressure on prebaked anodes has eased, but prices are likely to continue weakening.

For more details, please refer to the China Aluminum Market Weekly Report (20250605).