[SMM Cast Aluminum Alloy Morning Comment: Tug-of-War Between Longs and Shorts Intensifies, Aluminum Alloy to Remain Sideways in Short Term] In the short term, ADC12 prices have limited downside room, and upside breakouts also lack effective demand-side cooperation. The overall trend is expected to be generally stable with slight rise.

[SMM Analysis]Supply Tightening Offsets Off-season Pressure, June ADC12 Price Center Expected to Rise

As resource security and decarbonization become increasingly important, major economies are strengthening efforts to retain aluminum scrap. From the EU's review of export controls and the U.S. strategic asset proposal to Japan's circular economy initiatives and policies in the UAE and South Africa, these developments could reshape global scrap flows and affect secondary aluminum markets.