Recently, the construction of recycled aluminum alloy ingot production enterprises in Shandong, Zhejiang, Hebei, Guangdong and other regions was investigated in August. In August, the operating rate of aluminum alloy ingot production enterprises in various regions rebounded slightly from July. In most of them, the operating rate is above 65%. The Henan and Hebei regions are affected by the central environmental supervision team. The waste market stops trading. The smelters and processing plants that do not meet the environmental protection standards choose to stop production and avoid inspection. The operating rate is 50%. The operating rates in Shandong and Guangdong are in the forefront of the country, with operating rates of 78% and 74% respectively. Some downstream customers are already stocking for the 11th Auto Show, and the number of orders has increased significantly. In addition, the Zhejiang region has been shut down due to the G20 summit. More, the market operating rate dropped significantly. In August, the average operating rate of recycled aluminum alloy ingot enterprises in various regions in China was about 65%, an increase of 3% from the previous month.
Jinjiuyin10 is approaching, and the consumption of downstream real estate, automobile and home appliance industries will enter the peak season, which will further boost the demand for aluminum products. The operating rate of recycled aluminum alloy ingot enterprises will continue to rise. It is expected that there will be upside potential for domestic aluminum alloy ingot prices in September.