【SMM Research: Operating Rates of Leading Regenerated Aluminum Companies Fell under Pressure This Week】According to SMM research, the operating rates of leading regenerated aluminum companies fell 0.5% to 59.3% this week compared with the previous week. Halfway through May, the terminal consumption of regenerated aluminum alloy still performed poorly, and the shipment volume of enterprises continued to decline compared with April. Orders of alloy factories mostly depended on downstream long-term orders or just-in-time support, and the sales pressure was relatively large. Due to insufficient orders, manufacturers still competed fiercely for orders at low prices, making it difficult for market prices to rise. Restrained by a significant decline in demand and profit compression, the production of regenerated aluminum plants was accordingly adjusted downward, and the operating rate in May is expected to continue the downward trend of April.
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