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Home / Metal News / Aluminum Scrap Slightly Declined Today, Downstream Purchasing as Needed [Daily Review of Aluminum Scrap]

Aluminum Scrap Slightly Declined Today, Downstream Purchasing as Needed [Daily Review of Aluminum Scrap]

iconMar 17, 2025 13:19
Source:SMM
[Aluminum Scrap Daily Review: Aluminum Scrap Prices Slightly Declined Today, Downstream Purchasing as Needed] In the short term, the domestic aluminum scrap market's weak supply and demand situation is unlikely to see significant improvement. Coupled with primary aluminum and aluminum scrap prices fluctuating at highs, downstream buyers are only maintaining purchasing as needed. Aluminum scrap prices may fluctuate rangebound, following primary aluminum.

 

SMM  March 17 News:

Today, spot primary aluminum fell by 90 yuan/mt compared to the previous trading day, with SMM A00 spot aluminum closing at 20,820 yuan/mt. The aluminum scrap market slightly followed the decline today, with downstream maintaining purchasing as needed. Today's concentrated quotes for baled UBC aluminum scrap were at 15,250-16,150 yuan/mt (excluding tax), and for shredded aluminum tense scrap at 16,450-17,950 yuan/mt (excluding tax). In the short term, the domestic aluminum scrap supply and demand remain weak, with no significant improvement expected. Coupled with the high-level operation of primary aluminum and aluminum scrap prices, downstream is only maintaining purchasing as needed, and aluminum scrap prices may fluctuate rangebound following primary aluminum.

 

 

 

 

 

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