 Home > Chemicals Industry > New Chemical Materials > The tight supply situation is difficult to change, and scrap aluminum may show a steady rise

The tight supply situation is difficult to change, and scrap aluminum may show a steady rise

 Last Update: 2022-12-24
 Source: Internet
 Author: User

Tags

ppg paint supply

construction china

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Last week, scrap aluminum prices were mixed, and scrap aluminum in South China weakened slightly, currently around 17600 local 6063 old materials, 16800 machine aluminum, and crushed raw aluminum around 17800; In some areas, because of the urgent demand for scrap aluminum resources after the resumption of work, the price has increased slightly, and the current mainstream price of paint materials in East China is 16600, broken bridge 15100, aluminum line around 19400, can around 14700,

Scrap aluminum

In terms of the market, the scrap aluminum market this week is still tight, the price is firm, especially the high-grade sources such as aluminum wire and 1 series, which are extremely tight, and manufacturers are looking for more goods; In terms of scrap aluminum freight yards, medium and large freight yards mostly receive goods stably and start construction earlier, and small scrap aluminum recycling merchants mostly start work after the Lantern Festival; It is understood that due to the imminent implementation of the new fiscal and taxation policies on March 1, most freight yards have begun to reduce inventory
.
In terms of manufacturers, there is currently no clear notice of the source of receipt of tickets, and there are more
wait-and-see enterprises.

In terms of recycled aluminum finished products, as of Friday, the mainstream price of ADC12 aluminum alloy ingots in East China was 22,000 yuan / ton, down 300 yuan / ton from last Friday, corporate profits narrowed significantly, as downstream die-casting enterprises returned to normal, recycled aluminum alloy ingot demand is expected to turn better, and it is expected that the price will stop falling next week
.

The future market predicts that the current market demand is gradually recovering, and the short-term scrap aluminum supply is tight and difficult to change, and it is expected that the price of scrap aluminum next week may show a steady rise
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.