ADC12 시장 가격, 높은 스크랩 비용과 개선된 시장 심리로 상승

Higher copper prices are accelerating the adoption of aluminum wiring across the automotive industry. Ferrari, BMW, Stellantis, Tesla, XPeng, Xiaomi and AVATR have expanded the use of aluminum conductors in selected vehicle models to reduce costs and vehicle weight. Aluminum costs about one-quarter as much as copper and weighs only around one-third as much, making it increasingly attractive for EVs. JPMorgan expects aluminum to replace about 6% of global copper demand by 2030 as material substitution accelerates.

Vitol has successfully transported about 35,000 tones of Emirates Global Aluminum (EGA) metal through the Strait of Hormuz, marking one of the first aluminum cargoes to leave the Gulf after recent conflict disruptions. The shipment, valued at around USD 110 million, signals a gradual recovery in Middle East aluminum exports and may help ease global supply tightness. However, shipping risks remain, and the pace of export recovery will continue to influence aluminum prices in the coming weeks.

CITIC Dicastal has revised its aluminum alloy wheel supply agreement, increasing annual related-party purchase caps to RMB 11 billion in 2026, RMB 12 billion in 2027 and RMB 13 billion in 2028. The company said the higher limits reflect rising aluminum prices, stronger demand for aluminum wheels driven by the EV sector and higher expected shipment volumes. The new agreement covers only finished aluminum alloy wheels and excludes raw material purchases, while transactions will remain subject to market pricing and regulatory oversight.