Secondary Aluminium Alloy Trading is Mediocre this Week as Downstream Companies Purchase on Rigid Demand

SHANGHAI, Mar 10 (SMM)－The current fundamentals of aluminium have not changed much, and the results of overseas rate hikes have not yet been released. A00 aluminium prices fluctuated within a narrow range, and the aluminium scrap traders became more willing to ship, pushing up the liquidity of the raw material market. Costs of secondary aluminium alloys dropped. The terminal consumption picked up slightly in March. Since last week, inquiries from downstream companies have gradually increased, and new orders have performed better than the previous month. However, the overall order growth has fallen short of market expectations, and downstream companies mostly purchased on rigid demand. Therefore, market transactions were mediocre this week.