Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Downstream being Bearish at Price, Offer of Secondary Aluminium Keeps Lowering

Downstream being Bearish at Price, Offer of Secondary Aluminium Keeps Lowering

Nov 28, 2017 15:52

Source:SMM

With slump of aluminium price today and increasing bearish emotion, downstream are more bearish at secondary aluminium price.

SHANGHAI, Nov.28 (SMM)－With slump of aluminium price today and increasing bearish emotion, downstream are more bearish at secondary aluminium price. Some of them keeps waiting and seeing with poor transaction in the market. Domestic major secondary aluminium enterprises offer 100 yuan per ton lower than previous times.

For news cooperation, please contact us by email: gaotian@smm.cn or service.en@smm.cn.

Aluminium

secondary

scrap

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

On February 18, the National Development and Reform Commission and other 11 central departments jointly issued a notice on a series of policies to promote stable growth of industrial economy.

Feb 18, 2022 15:39

Industry

NDRC: To Guarantee Supply and Maintain Stable Prices of Important Raw Materials and Primary Products such as Iron Ore and Fertilizers

China weekly inventory summary and data wrap (Jul 2)

This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

Spot aluminium purchases by downstream consumers improve in south China

Spot discounts in Shanghai stood at 80-70 yuan/mt against the SHFE 1903 contract

Feb 25, 2019 15:13

SMM Comments

Spot aluminium purchases by downstream consumers improve in south China

Weaker demand grows aluminium billet stocks

Stocks expanded 1,400 mt over the week ended Thursday Dec 27 to stand at 11,000 mt

Dec 27, 2018 10:12

Analysis

Weaker demand grows aluminium billet stocks

Price weakness, production curbs prompt Chalco to shut aluminium capacity

China's biggest state-owned aluminum producer plans to cut 470,000 mt of capacity including 30,000 mt at Shanxi Huasheng

Dec 3, 2018 12:53

Reminder

Price weakness, production curbs prompt Chalco to shut aluminium capacity

Shrinking supplies, weak consumption to keep aluminium scrap market balanced in Q4

China’s aluminium scrap markets is currently balanced, with tight supplies and weak demand

Nov 5, 2018 16:42

SMM Insight

Shrinking supplies, weak consumption to keep aluminium scrap market balanced in Q4

Decline in aluminium futures erodes deters offloading in east China

Spot discounts in Shanghai were heard at 50-40 yuan/mt, compared to 40-30 yuan/mt in the previous day

Nov 2, 2018 14:42

SMM Comments

Decline in aluminium futures erodes deters offloading in east China

Poorer consumption extends decline in primary aluminium social stocks

Inventories came in at 1.525 million mt as of Nov 1, down some 13,000 mt from Oct 25

Nov 1, 2018 11:56

Analysis

Poorer consumption extends decline in primary aluminium social stocks

SMM Morning Comments (Nov 1)

SMM Morning Comments

Nov 1, 2018 09:58

SMM Comments

Aluminium scrap sees tighter supply in 2018

Aluminium scrap is set to see tightened supply in 2018 as environmental protection policies weigh in further.

Jan 9, 2018 10:44

Industry

Aluminium scrap sees tighter supply in 2018

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

Downstream being Bearish at Price, Offer of Secondary Aluminium Keeps Lowering

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo