US AL6XN sheet market weakened through June as easing alloy surcharges, lower nickel-related costs, and steady domestic production weighed on prices. Buyers adopted a cautious procurement strategy, delaying spot purchases in anticipation of further price corrections, while seasonal slowdowns and holiday-related buying pauses further reduced trading activity. Demand remained mixed across end-use industries. The biopharmaceutical sector continued to provide steady support through ongoing purchases of corrosion-resistant materials, whereas desalination and water infrastructure projects remained weak due to project delays. Marine fabrication maintained stable procurement, while food-processing equipment manufacturers focused on inventory reduction. On the supply side, domestic mills operated at normal production levels with no major outages, ensuring comfortable product availability and preventing supply-driven price support. Looking ahead, the market is expected to remain soft in the near term as subdued demand and adequate supply continue to influence sentiment. However, any recovery in industrial activity or strengthening alloy costs could support prices in the coming months.
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility.
Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
