Costs Decline, Demand Weak; ADC12 Quotes Continue to Fall [ADC12 Price Daily Review]
[ADC12 Price Daily Review: Costs Shift Lower, Demand Weak, ADC12 Quotes Continue to Move Lower] Today, ADC12 market quotes were generally lowered by 200 yuan/mt. The price reduction was mainly driven by the pullback in aluminum prices, the subsequent decline in aluminum scrap prices that pushed costs lower, and a weaker cast aluminum alloy futures market, leaving cost-side support somewhat weakened.