China's Secondary Aluminum Industry Sees Operating Rates Drop Amid Slowing Orders and Early Holidays

Published: Apr 30, 2026 14:47

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[SMM Aluminum News] This week, the operating rate of leading enterprises in China's secondary aluminum industry edged down WoW. On one hand, amid shrinking orders, downstream enterprises generally reduced procurement volumes, maintaining a pace of just-needed, small-batch restocking. On the other hand, some enterprises halted production and went on early holidays due to insufficient orders or inventory risk control considerations, further suppressing market transaction activity and dragging down the operating rate of secondary aluminum producers. As off-season characteristics in May further intensified, if downstream resumption pace remained slow and new orders failed to follow through, the industry's operating rate would still face certain downward pressure.

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