Operating Rate of Secondary Aluminium Industry Slightly Drops in October

[SMM Aluminum Alloy Daily Review] After opening higher today, aluminum alloy 2604 fluctuated upward and briefly surged to 24,125 yuan before pulling back somewhat, then maintained a narrow consolidation in the afternoon. It finally closed at 23,885 yuan, up 205 yuan/mt from the previous close, an increase of 0.87%. Boosted by the rebound in futures prices, ADC12 quotations rose across the board today, with the SMM average price of ADC12 raised by 300 yuan/mt. Driven by the cost side, producers actively recouped earlier losses. However, affected by wild swings in prices during the week, downstream purchasing sentiment remained cautious, with most buyers continuing to wait and see or restock only for immediate needs, while the overall pace of market transactions stayed steady. In the short t

[SMM Flash News] SHFE data showed that as of March 11, the total registered volume of cast aluminum alloy warrants was 55,900 mt, a decrease of 1,144 mt from the previous trading day. By region, the total registered volumes were Shanghai (5,080 mt, down 180 mt), Guangdong (19,242 mt, down 210 mt), Jiangsu (6,905 mt, down 302 mt), Zhejiang (18,722 mt, down 362 mt), Chongqing (4,144 mt, down 90 mt), and Sichuan (1,807 mt, increase of 0 mt).

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Mar , 2026