[SMM Analysis: Weak Supply and Demand of Scrap Aluminum, Downstream Work Weakness, Difficult to Narrow the Price Gap between Scrap Aluminum and Primary Aluminum in the Short Term] SMM June 7 News:

In May, the domestic primary aluminum market was strong with fluctuations, and the scrap aluminum price was mainly influenced by the primary aluminum market, moving upward. However, downstream companies were cautious about high prices, and waste utilization enterprises' orders declined, and production was weak. The scrap aluminum price rise was smaller in May, and the price gap between scrap aluminum and primary aluminum widened.

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