ADC12 Cost Support Continues, Pre-Holiday Demand Mildly Improves [Aluminum Scrap and Secondary Aluminum Weekly Review]
[Secondary Aluminum Weekly Review: ADC12 Cost Support Persists, Pre-Holiday Demand Improves Mildly] This week, SMM ADC12 prices held steady at 24,500 yuan/mt. On the cost side, aluminum scrap raw material prices fluctuated within a limited range overall this week, but the impact of stricter tax invoice policy enforcement became more evident in the market. Compliance requirements for enterprise procurement increased, the supply of invoiced aluminum scrap remained relatively tight, and comprehensive raw material procurement costs for some enterprises stayed at elevated levels.