Operating Rate of Secondary Aluminum Producers Drops, Market Remains Sluggish

Published: Apr 10, 2025 18:14

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The operating rate of leading secondary aluminum producers fell by 0.3 percentage points WoW to 56.1% this week. Current orders have not shown a significant rebound, and the sharp fluctuations in aluminum prices have intensified the risk-averse sentiment among downstream enterprises. Only rigid procurement was maintained during the week, and the market trading atmosphere remained sluggish. The rebound in aluminum prices on Thursday still failed to effectively stimulate restocking intentions. Additionally, the US tariff hike policy may further suppress orders for export-oriented die-casting enterprises. In the short term, attention should be paid to the transmission of tariff policies and marginal changes in downstream export orders. Due to order reductions and inventory pressure, some secondary aluminum plants have lowered their operating levels for April. The industry's operating rate is expected to weaken slightly in the short term.

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