Aluminum prices rebound slightly, and the overall aluminum scrap market remains cautious [Daily Review of Aluminum Scrap]

Published: Jun 26, 2025 15:39

Save

SMM June 26 Report:

Today, spot primary aluminum prices rose by 80 yuan/mt compared to the previous trading day. SMM A00 aluminum ingot prices closed at 20,610 yuan/mt, while aluminum scrap market prices remained largely unchanged from yesterday. Amid the traditional off-season, downstream scrap utilization enterprises are experiencing weak order releases, with procurement primarily driven by immediate needs.

Today, the centralized quoted price for baled UBC aluminum scrap ranges from 15,200 to 15,700 yuan/mt (tax-exclusive), while the centralized quoted price for shredded aluminum tense scrap ranges from 15,800 to 17,300 yuan/mt (tax-exclusive). Regionally, Shanghai, Jiangsu, Shandong, and other regions closely track aluminum prices, with price adjustments ranging from 0 to 50 yuan/mt. Jiangxi province has maintained a firm stance on prices, with no price adjustments observed this week. In terms of products, baled UBC aluminum scrap has followed the downward trend of aluminum prices since last Thursday, with a cumulative price reduction of 150-200 yuan/mt.

Regarding the price difference between A00 aluminum and aluminum scrap, the price spread for mechanical casting aluminum scrap in Shanghai remained unchanged at 1,840 yuan/mt, while the price difference between A00 aluminum and mixed aluminum extrusion scrap free of paint in Foshan increased by 70 yuan/mt from yesterday to 1,557 yuan/mt.

Considering the actual difficulty in shipping goods, aluminum scrap suppliers have adopted a cautious and wait-and-see attitude towards price adjustments amid the high-level fluctuations of aluminum prices. Next week, the aluminum scrap market is expected to continue its high-level fluctuation pattern.

》Subscribe to view historical SMM metal spot 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 for 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

1 hour ago

Aluminum Futures Rally, Central China Market Sees Rebound in Trading Sentiment and Premiums

SHFE aluminum futures rallied again during the night session. In the central China market, pre-market transaction quotes were relatively low. Traders tended to restock in large volumes at deep premiums - when prices dipped, and with Friday approaching, downstream processing enterprises showed a rebound in purchasing and stockpiling sentiment. Overall market trading sentiment recovered, driving quotes gradually higher. Ultimately, actual transaction prices in the central China market were around a premium - of 110-150 yuan/mt against the SHFE aluminum September contract.

1 hour ago

China's Secondary Aluminum Ingot Inventory Rises by 174 mt to 13,396 mt

[SMM Aluminum Flash] China's social inventory of secondary aluminum ingots in major consumption areas stood at 13,396 mt today, an increase of 174 mt from the previous day.

1 hour ago

2 hours ago

[Aluminum futures extend rebound with center moving higher; spot aluminum remains stable across the board; supply growth continues to weigh on prices - SMM Alumina Morning Comment]

2 hours ago