Weekly Review of Scrap Aluminum and Recycled Aluminum: Cost-side Support for ADC12 Prices, Demand Recovery Still Below Expectations】

This week (March 8th to March 15th), domestic spot prices for primary aluminum were relatively strong, while scrap aluminum prices showed weak growth. As of March 15th, the SMM A00 spot price for primary aluminum was reported at 19,180 yuan/ton, with mainstream scrap aluminum prices in various trading regions following the primary aluminum market’s increase by 0-150 yuan/ton. Regionally, downstream concentration was observed in the North and East China regions throughout the week…
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