Today' Focus

        Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had  attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...

Domestic News

    Chinese secondary aluminium prices expected to grow in September due to consumption recovery

  • China Aluminium Network
  • Post Time: 2019/8/13
  • Click Amount: 127

    According to the survey of Shanghai Metals Market, secondary aluminium prices are expected to grow in September across all major Chinese markets, in anticipation of a consumption recovery.

    A few signs have been indicating a lift in secondary aluminium demand, found Shanghai Metals Market. Some die-casting plants are reporting better orders since July. Improved orders drove them to shorten or give up schedule summer break, but most die-casting plants remained closed. This led a pause to declines in prices of secondary aluminium ADC12.

    Steady prices of aluminium scrap also lent stability to the prices of secondary aluminium, as hot weather and generally weak prices prompted scrapyards to scale back operations.

    SMM believes that secondary aluminium prices have bottomed out.

    Source: www.alcircle.com
      Copyright and Exemption Declaration :①All articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ②Articles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ③If any articles copied by our website concern the copyright and other problems, please contact us within one week.