[SMM Weekly Survey of Aluminum Downstream: Pressure on Cost Side of Aluminum Processing Industry Intensifies, Most Sectors Show Weakness in New Orders] This week, the overall off-season atmosphere in the downstream aluminum processing industry was strong, with weekly operating rates declining by 0.5 percentage points WoW to 60.4%...

[SMM Weekly Survey on Aluminum Downstream: High Aluminum Prices, Coupled with Weak Demand During Off-Season, Continue to Weigh on Weekly Operating Rate of Aluminum Processing] As June arrives, the overall off-season atmosphere in the downstream aluminum processing sector is strong, with the weekly operating rate declining by 0.4 percentage points WoW to 60.9%...

The People's Government of Mianchi County successfully signed a contract with Nanjing Bangshun Precision Machinery Technology Co., Ltd. to establish a project for the annual production of 500,000 commercial cast aluminum alloy wheel hubs in the Advanced Manufacturing Industry Development Zone. The total investment in the project is 120 million yuan, covering an area of 35 mu. In collaboration with Henan Xigetenghua New Materials Co., Ltd., the products will be used in new energy vehicles such as commercial vans and buses. The project is expected to generate an annual sales revenue of 400 million yuan, with profits and taxes totaling approximately 40 million yuan.

Recently, Jianhu County held a launch event for the advancement of major industrial projects and the commencement of the Hongyan Secondary Aluminum Deep Processing Project. This project involves the establishment of a new facility capable of producing 40,000 mt of aluminum alloy parts annually for NEVs, aerospace, and PV applications, among others. Upon reaching full production capacity, the project is expected to generate over 50 million yuan in annual tax revenue and create more than 300 jobs. The project will adopt a direct aluminum liquid supply approach in collaboration with existing industrial projects such as Dongxi Engine, Lvkong, Tuoshi, and Senite Aluminum Alloy Wheel Hubs, fostering a "wall-sharing effect" in industrial development and further strengthening the "green puzzle" of Jianhu's aluminum industry chain.

Jiangsu Hongyan Technology Co., Ltd. recently commenced the construction of a secondary aluminum deep-processing project. The project will produce 40,000 mt of aluminum alloy parts for NEVs, aerospace, PV, and other applications. After the project becomes operational, it is expected to generate over 50 million yuan in annual tax revenue and create more than 300 jobs. The project will collaborate with existing industrial projects such as Dongxi Engine, Lvkong, Tuoshi, and Senite aluminum alloy wheel hubs. By adopting a direct supply method for aluminum liquid, the project aims to achieve a "wall-sharing effect" in industrial development, further strengthening the "green puzzle" of Jianhu's aluminum industry chain.

[SMM Analysis: Comparison of Aluminum Wheel Export Situation from March to April: Calm on the Surface, but Hidden Complexities?] Customs data shows that in April 2025, China exported a total of 81,400 mt of aluminum alloy wheel hubs, basically flat MoM compared to 82,000 mt in March, highlighting overall resilience, and with a significant YoY increase of 13%. The export performance of domestic aluminum wheels in April remained robust, with the better-than-expected performance attracting market attention. Since the US initiated a tariff war in early April, the aluminum wheel industry, which has accounted for over 30% of direct exports to the US in recent years, was expected to be "the first to bear the brunt," and the market's export expectations for the aluminum wheel industry were relatively pessimistic. However, the aluminum wheel export data for April appeared "calm," or even "serene," exceeding the expectations of most in the market...