SMM Analysis: Aluminum Alloy Prices Likely to Stay Firm Amid Cost Pressures in January

Publicado: Jan 7, 2025 15:20

[SMM Analysis: Aluminum Prices Decline Sharply in December, High Costs Make ADC12 Prices More Likely to Rise Than Fall]

Overall, in December, secondary aluminum alloy prices, supported by aluminum scrap costs, showed a trend of being more likely to rise than fall, with the premium of ADC12 over A00 continuing to expand. Entering January, some regions actively promoted the "reverse invoicing" policy. However, due to undersupply, manufacturers found it difficult to pass on the increased costs to aluminum scrap traders. Therefore, driven by cost pressure, secondary aluminum alloy prices are expected to remain firm in the short term.

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[SMM Analysis: Aluminum Prices Decline Sharply in December, High Costs - Shanghai Metals Market (SMM)