Aluminum Scrap and Recycled Aluminum Weekly Review: Raw Material Supply Continues to be Tight, ADC12 Prices Actively Follow the Rise

This week (December 8th to December 15th), the price of recycled aluminum alloy has been actively following the rise. As of Friday, the SMM ADC12 price has increased by 250 yuan/ton compared to last week to 19,550 yuan/ton. In terms of cost, the increase in cost is the main factor for the rise in ADC12 prices during the week. However, there is currently no situation where recycled aluminum alloy companies are purchasing primary aluminum instead of scrap aluminum for production. In terms of demand, market orders in December are becoming increasingly sluggish...