A00 Aluminum Rebounded Today, Aluminum Scrap Market Overall Rose by 150-200 Yuan/mt [Daily Aluminum Scrap Review]

Published: Jul 14, 2026 15:08

Save

SMM, July 14:

Today, SMM A00 spot aluminum prices closed at 23,270 yuan/mt, up 270 yuan/mt from the previous trading day. The aluminum scrap market broadly followed with gains of 150-200 yuan/mt. Regarding price spread between A00 aluminum and scrap: on July 15, the price difference between A00 aluminum and mixed aluminum extrusion scrap free of paint in Foshan recorded 2,072 yuan/mt, and the price difference between A00 aluminum and shredded aluminum tense scrap was 758 yuan/mt. Supply-side constraints continued to intensify, and the impact of the reverse invoicing policy further deepened. News emerged from Shandong about suspending reverse invoicing starting July, while production cuts and suspensions among small and medium-sized scrap utilization enterprises in Anhui, Jiangxi, Hubei and other places were spreading. The scarcity of compliant, invoiced aluminum scrap further increased. On the import front, the scarcity of high-quality overseas supply caused by the earlier inversion of price spreads between Chinese and overseas markets, along with a 1-3 month shipping lag, kept port arrivals low from June to August. Meanwhile, the UAE's aluminum scrap export ban and the EU's tariff hike further intensified the contraction effect on overseas aluminum scrap supply.

This week, the aluminum scrap market is expected to continue a sideways rangebound pattern, weighed by demand and supported by costs. The mainstream trading range for shredded aluminum tense scrap (priced based on aluminum content) is around 19,900-20,500 yuan/mt. The pullback in spot primary aluminum prices limited further narrowing of the price spread between A00 aluminum and scrap, the cost advantage of aluminum scrap over primary aluminum is unlikely to disappear in the short term, and demand-side support for scrap prices remains. If aluminum prices continue to decline, the substitution effect of primary aluminum for scrap will accelerate.

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.

Images in this article contain AI-translated captions for reference only.

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

10 mins ago

China's Motorcycle Industry Sees Growth in Production, Sales, and Exports in June

[SMM Flash] According to data from the Motorcycle Chamber of Commerce, in June, China's motorcycle industry achieved both YoY and MoM growth in production and sales, while exports continued their strong growth momentum. Since May, domestic sales have continued to improve, and exports remain the core engine boosting industry growth. In June, production and sales of fuel-powered motorcycles were 1.8436 million and 1.8445 million units, up 13.84% and 13.73% YoY; production and sales of electric motorcycles were 420,300 and 405,900 units, up 54.33% and 55.63% YoY. From January to June, production and sales of fuel-powered motorcycles were 10.1402 million and 10.1724 million units, up 12.41% and 12.44% YoY; production and sales of electric motorcycles were 1.9448 million and 1.8961 million units, up 14.12% and 13.04% YoY. In the first half, total production and sales of motorcycles reached 12.085 million and 12.0685 million units, up 12.68% and 12.53% YoY. Motorcycle exports in June stood at 1.3726 million units, up 1.6% MoM and 15.75% YoY.

10 mins ago

11 mins ago

SHFE Cast Aluminum Alloy Warrants Drop by 514 mt to 21,196 mt on July 15

[SMM Flash] SHFE data shows that on July 15, the total registered volume of cast aluminum alloy warrants was 21,196 mt, a decrease of 514 mt from the previous trading day. Specifically, the figures were Shanghai (2,343 mt, down 30 mt), Guangdong (2,422 mt, down 212 mt), Jiangsu (4,559 mt, down 30 mt), Zhejiang (6,940 mt, down 181 mt), Chongqing (4,147 mt, down 61 mt), and Sichuan (785 mt, unchanged).

11 mins ago

1 hour ago

Central China Market Trading Atmosphere Turns Subdued, East China Purchasing Sentiment Weakens [SMM Spot Aluminum Midday Review]

1 hour ago