"Scrap aluminum daily report: Aluminum prices fell slightly, and scrap

Published: Nov 29, 2023 14:27

Save

"Scrap aluminum daily report: Aluminum prices fell slightly, and scrap aluminum prices generally followed suit. The scrap aluminum market is still active for trading. SMM news on November 29: SMM East China spot aluminum prices fell slightly by 80 yuan/ton compared to the previous trading day, to 18,770 yuan/ton; SMM Foshan aluminum spot prices fell by 80 yuan/ton compared to the previous trading day, to 18,880 yuan/ton. With the slight decrease in aluminum prices, scrap aluminum prices generally fell by 50-100 yuan/ton. Since the winter, the operating rate of recycling and dismantling plants has decreased..."

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

1 hour ago

Danantara Begins $5.8B Aluminum Smelter Project in West Kalimantan

[SMM Aluminum Express News] Danantara officially began construction on a major aluminum smelter and alumina refinery (SGAR) in Mempawah, West Kalimantan, on February 6, 2026. The total investment is Rp 87.7 trillion. The project, managed by Inalum and Antam, will have a 1-million-ton annual capacity.

1 hour ago

18 hours ago

2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

[SMM Analysis]2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

18 hours ago

19 hours ago

Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]

19 hours ago