【Scrap Aluminum Daily Review: Wide Fluctuations in the Primary Aluminum Market and Average Transactions in the Scrap Aluminum Market】
SMM, May 23:
Today, the primary aluminum market experienced volatile declines, with spot prices reversing yesterday's gains. The SMM A00 spot price closed at 20,750 yuan per ton, down 340 yuan per ton from the previous day. Today's scrap aluminum prices followed the overall decline, but the decline was smaller compared to primary aluminum. Downstream scrap utilization enterprises held a cautious mood, focusing on rigid demand procurement...
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