At the 2025 SMM (2nd) Global Renewable Metal Industry Chain Forum - Secondary Copper and Aluminum Forum, hosted by SMM Information & Technology Co., Ltd., Zhang Xiaoyao, the project leader of SMM Recycling, shared insights on the topic of "Driving Business Opportunities and Reducing Operating Costs: SMM Serving the Global Secondary Copper and Aluminum Metals Market."

On June 3 local time, the White House issued a statement announcing that US President Trump would raise tariffs on imported steel, aluminum, and their derivative products from 25% to 50%, effective at 00:01 Eastern Time on June 4, 2025.

[SMM Morning Comment on Cast Aluminum Alloy: The Most-Traded Cast Aluminum Contract Hits New High Since Listing, Short-Term Cost Support Remains Solid] On Tuesday, the SMM A00 aluminum price fell slightly by 10 yuan/mt from the previous trading day to 20,620 yuan/mt, while the domestic SMM ADC12 price continued to hold steady in the range of 19,900-20,200 yuan/mt.

[SMM Aluminum Morning Meeting Summary: Softening US Economy Coupled with Tense Middle East Situation, Domestic Low Inventory Supports Aluminum Prices to Hold Up Well] Macro side, the softening US economic data and tense geopolitical situation in the Middle East have made the market nervous. US retail sales in May were weaker than expected, but consumer spending remained supported by robust wage growth. Fundamentals side, the operating capacity of domestic primary aluminum remained stable, and the reduction in casting ingot volume has kept domestic aluminum ingot inventory in a state of destocking. Cost side, there are expectations of weaker prices for alumina and auxiliary materials, weakening the cost support for primary aluminum. Demand side, it faces dual pressures from domestic seasonal weakness and trade uncertainties, and the operating rate of aluminum processing enterprises will be under pressure in the short term. Overall, the current low inventory and expectations of a higher proportion of liquid aluminum provide strong support for aluminum prices, but the off-season pressure on the demand side limits the upside room. Spot aluminum ingot in major consumption areas may soon face a situation of weak supply and demand, and aluminum prices may hold up well in the short term.

At the 2025 SMM (2nd) Global Renewable Metal Industry Chain Summit - Main Forum hosted by SMM Information & Technology Co., Ltd., Jane Xie, the Director of Sustainable Development Business at Shanghai Greenment Environmental Information Technology Co., Ltd., delivered a speech on the topic of "How ESG is Forging the Future of Metals."

[ADC12 Price Daily Review: Aluminum Prices Decline Slightly in a Narrow Range, Secondary Aluminum Prices Remain Stable] In the spot market, today's SMM A00 aluminum price fell slightly by 10 yuan/mt from the previous trading day to 20,620 yuan/mt. Domestic SMM ADC12 prices continued to hold steady in the range of 19,900-20,200 yuan/mt.