Secondary Aluminum Industry PMI Rebounds Slightly but Remains Below 50 Mark in June

Опубликовано: Jun 30, 2025 09:15
In June, the PMI of the secondary aluminum industry rebounded slightly MoM to 45.0%, but remained below the 50 mark. In June, demand for secondary aluminum entered the off-season, with sluggish growth in end-user orders constraining the upside room for ADC12 prices. Meanwhile, the influx of low-priced goods into the market further intensified competitive pressures. Despite the official listing and trading of cast aluminum alloy futures on June 10, which boosted market trading activity, actual end-user consumption remained sluggish, failing to effectively support the market. Faced with insufficient new orders and production losses amid high raw material prices, the overall operating rate of the secondary aluminum industry declined again in June. Looking ahead to July, with the off-season effect persisting, automakers may reduce production plans due to high-temperature holidays or inventory pressure on finished products, which is expected to further curb the growth of new orders and operating levels at secondary aluminum plants. It is anticipated that the industry's PMI will remain below the 50 mark in July.

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In June, the PMI of the secondary aluminum industry rebounded slightly - Shanghai Metals Market (SMM)