Recently, Dongfang Hope Guyang Aluminum's aluminum material plant overcame technical difficulties and successfully achieved trial production of 7075 high-end aluminum alloy bars. 7075 aluminum alloy products have high strength and excellent fatigue resistance, and are widely used in high-end materials fields related to aerospace, mold manufacturing, and automotive transportation. They have stringent requirements for raw material ratios and smelting and casting processes, making production quite challenging. After multiple rounds of debugging and performance verification, the company successfully achieved production of 7075 aluminum bars.

SMM News, March 23: Aluminum ingot: On March 23, SMM A00 aluminum (Foshan) was reported at 23,410, down 650, at a discount of 175 against the current-month contract, narrowing by 5 (unit: yuan/mt). After plunging in the night session, the SHFE aluminum 04 contract rebounded slightly. Affected by aluminum prices remaining in the doldrums, the South China spot market stayed barely firm, while buyers' overall purchasing sentiment today was overall satisfactory. Current prices were significantly below the monthly average price, and sellers generally held prices firm, but with inventory buildup over the weekend and ample circulating supply, overall price support was clearly constrained by shipment pressure. Today, mainstream transaction prices in the market were mainly concentrated at premiums of -180 yuan/mt to -170 yuan/mt against the SHFE aluminum 04 contract.