Operating rate declines notably due to holiday; ADC12 price expected to remain strong after the holiday [Weekly Review of Aluminum Scrap and Secondary Aluminum]
[Aluminum Scrap and Secondary Aluminum Weekly Review: Operating Rate Drops Significantly Due to Holiday; ADC12 Prices Expected to Remain Strong After the Holiday] This week, the price center of the aluminum scrap market shifted slightly downward along with primary aluminum. As of September 30, SMM A00 aluminum prices closed at 24,030 yuan/mt, down 190 yuan/mt WoW from last Thursday, with aluminum scrap prices generally following the decline.