Daily Aluminum Scrap Review: Primary Prices Narrowly Fluctuate, Scrap Prices Mostly Stable

Published: Nov 26, 2024 13:01

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[Daily Review of Aluminum Scrap: Primary Aluminum Prices Fluctuate Rangebound, Aluminum Scrap Prices Largely Stable] SMM, November 26:

Today, primary aluminum spot prices fluctuated within a narrow range, with the overall market sentiment being bearish. Aluminum scrap suppliers were actively selling, while downstream secondary aluminum processing enterprises mainly maintained stable procurement prices. Overall transactions remained sluggish. Today, SMM A00 spot prices closed at 20,600 yuan/mt, down 70 yuan/mt from the previous day. Domestic aluminum scrap prices followed the decline, ranging from 0 to 50 yuan/mt.

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