【Scrap Aluminum Daily Review: Scrap Aluminum Market Shows Weakness During Off-Season】
SMM News on June 19:
Today, the spot market for primary aluminum has stabilized after a recent decline, but market sentiment remains weak, and trading activity is moderate. As of today, SMM A00 spot price is quoted at 20,400 yuan per ton, up 50 yuan/ton from yesterday and down 160 yuan/ton from last Friday. The scrap aluminum market has also stabilized today. Prices of scrap aluminum in Shandong, Henan, Jiangxi and other regions have mainly stabilized, with some scrap aluminum varieties following the increase of 50-100 yuan/ton. ...
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