Primary Aluminum Prices Fluctuate Downward, Price Difference Between Wrought Aluminum Alloy Scrap and A00 Aluminum Narrows [[Daily Review of Aluminum Scrap]]

Published: Apr 28, 2025 14:08

Save

SMM, April 28:

Today, spot primary aluminum prices fell by 120 yuan/mt from the previous trading day. SMM A00 aluminum ingot prices closed at 19,950 yuan/mt. The overall aluminum scrap market prices followed the decline in primary aluminum. As the peak season for downstream demand is coming to an end, orders are affected by diminishing marginal demand, and raw material purchases are maintained on an as-needed basis.
Today, the centralized quotes for baled UBC aluminum scrap range from 15,000 to 15,600 yuan/mt (tax not included), while the centralized quotes for shredded aluminum tense scrap range from 15,750 to 17,250 yuan/mt (tax not included). By product, the supply of wrought aluminum alloy scrap products, such as bare bright aluminum wire and shredded wrought aluminum alloy scrap, remains tight. The price adjustment range is 50-100 yuan/mt. In terms of the price difference between A00 aluminum and aluminum scrap, the price difference between A00 aluminum and mechanical casting aluminum scrap in Shanghai increased by 15 yuan/mt to 1,857 yuan/mt from the previous trading day, while the price difference between A00 aluminum and mixed aluminum extrusion scrap free of paint in Foshan decreased by 21 yuan/mt to 1,716 yuan/mt.
In the short term, the aluminum scrap market is likely to maintain a pattern of fluctuating at highs. However, if primary aluminum experiences strong volatility due to macro factors (such as US Fed policies, geopolitical conflicts), or if domestic secondary aluminum enterprises collectively cut production, aluminum scrap prices may face periodic pressure.

》Subscribe to view SMM metal spot historical prices

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

8 hours ago

Iranian Drones Strike US Military Targets in Kuwait and UAE, Hitting Aluminum Facilities Linked to F-35 Production

On April 5, the Iranian military issued a statement on April 4, saying that the Iranian military used drones to strike multiple US military targets in Kuwait and other Gulf countries on the same day. The report said that the targets also included aluminum industrial facilities in the United Arab Emirates. The United States and Israel have invested a lot of money in the aluminum industry in the United Arab Emirates, and use it to produce a variety of fighters, including the F-35 stealth fighter, as well as missiles, tanks, and armored vehicles.

8 hours ago

Eurasian Economic Commission Proposes Maintaining Anti-Dumping Duties on Chinese and Azerbaijani Aluminum Tape

On April 3, according to the China Trade Remedies Information Network, on April 2, 2026, the Internal Market Protection Department of the Eurasian Economic Commission issued the final disclosure of the first sunset review of the anti-dumping measures on aluminum tape originating in China and Azerbaijan. If the anti-dumping duties on the products involved in China and Azerbaijan are cancelled, the dumping of the products involved and the substantial damage caused by the dumping to the relevant industries of the Eurasian Economic Union will continue or recur. Therefore, it is recommended to maintain the anti-dumping tax determined in Announcement No. 115 of 2020 unchanged and continue to impose an anti-dumping tax on the products in question for a period of five years, of which the tax rate

8 hours ago

Shaanxi-Henan UHV DC Project, Final in "Three Exchanges Nine Direct," to Be Completed by 2028

On March 31, the National Grid announced that the Shaanxi-Henan ± 800 kV UHV DC project, the final project of the "three exchanges and nine direct" projects in the National "14th Five-Year" plan, with a total investment of 19 billion yuan.It starts in Yulin, Shaanxi, and ends in Kaifeng, Henan, passing through Shaanxi, Shanxi, and Henan provinces. The total length of the line is 728 kilometers, the transmission capacity is 8 million kilowatts, and it is planned to be completed and put into operation in 2028.

8 hours ago