AluminumAlloy & Scrap Market Watch#17 Scraps in continuous rise
11/02/2017 13:34
In the first half of November in the domestic scrap market, we expect high grade,as well as low grade will rise by JPY 3-5/kg due to hike of aluminum unwrought metal as index. Despite alloy producers’ real intention to make them “flat”, it is foreseen that
they can not refuse the price rises as the resistance of aluminum scrap suppliers is persistently strong. Particularly price of B sash increasing export for China has been underpinned at highs.
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