Today's secondary aluminum alloy market prices were raised

Published: Mar 2, 2026 16:43
[Secondary Aluminum Alloy Daily Review] Today, the quotations in the secondary aluminum alloy market were generally raised. Before noon, manufacturers generally increased prices by 100 yuan/mt, and some enterprises, supported by bullish expectations and low finished product inventories, raised their prices by up to 200 yuan/mt. In the afternoon, futures significantly surged, further strengthening market sentiment, and some manufacturers followed suit with another price hike, resulting in a cumulative increase of 100-400 yuan/mt for the day. As enterprises gradually resumed production, market supply slowly recovered, and willingness to sell among manufacturers improved; however, the pace of resumption of work downstream after the holiday was relatively mild, and the release of orders remain

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Data: SHFE, DCE market movement (Mar 03)
1 hour ago
Data: SHFE, DCE market movement (Mar 03)
Read More
Data: SHFE, DCE market movement (Mar 03)
Data: SHFE, DCE market movement (Mar 03)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Mar , 2026
1 hour ago
Domestic Secondary Aluminum Alloy Ingot Inventory Down by 364 mt, Foshan Sees Major Destocking
Common.Time.hoursAgo
Domestic Secondary Aluminum Alloy Ingot Inventory Down by 364 mt, Foshan Sees Major Destocking
Read More
Domestic Secondary Aluminum Alloy Ingot Inventory Down by 364 mt, Foshan Sees Major Destocking
Domestic Secondary Aluminum Alloy Ingot Inventory Down by 364 mt, Foshan Sees Major Destocking
[SMM News Flash] Inventory of secondary aluminum alloy ingots in major domestic consumption areas decreased by 364 mt MoM from the previous day, with destocking mainly concentrated in the Foshan area.
Common.Time.hoursAgo
New Locomotives Boost Guinea's TransGuinean Rail for Iron Ore, Bauxite Transport
Common.Time.hoursAgo
New Locomotives Boost Guinea's TransGuinean Rail for Iron Ore, Bauxite Transport
Read More
New Locomotives Boost Guinea's TransGuinean Rail for Iron Ore, Bauxite Transport
New Locomotives Boost Guinea's TransGuinean Rail for Iron Ore, Bauxite Transport
[SMM Aluminum Express News] Four new locomotives, Foussein, Lanny-Ninkin, Kaporo, and Gbereakhory have entered service on Guinea's TransGuinean corridor rail line, managed by La Compagnie du TransGuinéen (CTG). Primarily built to haul high-grade iron ore from Simandou mine to Morebaya port (650 km), these Wabtec units (part of a 78-locomotive fleet) support heavy loads for faster, reliable shipments. The corridor's high-capacity infrastructure (12 stations, 206 bridges, rugged terrain adaptations) also enables transport of bauxite and other minerals, creating a multi-commodity logistics backbone that could shorten transit for landlocked neighbors (e.g., Mali) and boost regional mineral exports.
Common.Time.hoursAgo