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Home / Metal News / Downstream Demand Remains Weak, Aluminum Scrap Follows Primary Aluminum in Decline [Aluminum Scrap Daily Review]

Downstream Demand Remains Weak, Aluminum Scrap Follows Primary Aluminum in Decline [Aluminum Scrap Daily Review]

iconMar 18, 2025 12:59
Source:SMM
【Daily Review of Aluminum Scrap: Downstream Demand Remains Weak, Aluminum Scrap Follows Primary Aluminum in Decline】In the short term, the domestic aluminum scrap market is characterized by weak supply and demand, with no significant improvement expected soon. Coupled with primary aluminum and aluminum scrap prices fluctuating at highs, downstream buyers are only maintaining purchasing as needed, and aluminum scrap prices may fluctuate rangebound following primary aluminum.

SMM  March 18 News:

Today, spot primary aluminum fell by 30 yuan/mt compared to the previous trading day, with SMM A00 spot aluminum closing at 20,790 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 fluctuation 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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