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![Secondary aluminum operating rate saw a narrower MoM decline but a sharper YoY drop in June[SMM Analysis]](https://imgqn.smm.cn/usercenter/aezhG20251217171650.jpg)
![In June, the operating rate of secondary aluminum producers saw a narrowing MoM decline and a deep YoY pullback, with attention to production elasticity driven by price spreads [SMM Analysis]](https://imgqn.smm.cn/usercenter/risnW20251217171650.jpg)

