Waste Aluminum Supply Tightens in August, Refined-Waste Price Gap Foreseen to Fluctuate

Published: Aug 15, 2024 20:10

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[SMM Analysis: Supply of Waste Aluminum Remains Tight, Price Gap between Refined and Waste Aluminum May Rise First and Then Fall in August] SMM News on August 15: On the whole, as we enter August, domestic secondary aluminum processors have found it difficult to increase production due to the implementation of policies such as the Fair Competition Review Regulations and insufficient orders from the downstream die-casting industry. As a result, downstream demand for waste aluminum remains weak. Despite the stabilization of spot prices for primary aluminum, which has halted its decline, holders of waste aluminum have become more willing to sell, but high downstream costs have led to...

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