Aluminum Alloy & Scrap Market Update 2023 #17 Market conditions remain firm as the market enters a rebound phase
09/13/2023 13:40
The aluminum alloy and domestic aluminum scrap markets, which both began strengthening in late August, have been firming up recently. This is due to alloy makers taking advantage of the timing of progress in inventory adjustment due to the recovery of automobile production, and are now making serious efforts to restore prices of their products, which had been inversely affected by the price reversal with Chinese products. At the same time, alloy manufacturers are beginning to respond to requests from scrap wholesalers to raise purchase prices due to concerns about the future procurement of raw materials, which continue to be in short supply, further widening the scope for higher prices in the scrap market. The change in the tide has become real.
This article is for members only. You can read the rest after application confirmation.
Register now Login
Register now Login
Related articles
- 04/09/2024 The Roadmap to Achieving CE in Japan: Recycling Industry Landscape Changed by Bill for Advancement of Recycling Businesses
- 03/15/2024 The 3rd Circular Economy Symposium in TOKYO on April 4th, Thursday
- 03/13/2024 Hirata Corporation, The leader of CuScrap in West Japanese Market
- 11/29/2023 Review of 2023 and Outlook for 2024 (Copper, Aluminum, Stainless Steel) @ Gakushi Kaikan : Wednesday, December 20
- 10/18/2023 Aluminum Alloys & Scrap Market Update 2023 #20 Alloy Holding Scrap Prices Noticeably Higher
- 10/11/2023 October 30 (Mon) 2nd Circular Economy Symposium in TOKYO
- 10/04/2023 Aluminum Alloy & Scrap Market Update 2023#19 Alloy and scrap markets are both moving to higher prices.
- 09/21/2023 Aluminum Alloy & Scrap Market Update 2023 #18 Both alloys and scrap continue to seek higher prices
- 06/22/2023 Aluminum Alloy & Scrap Market Update 2023 #12
- 03/14/2023 Aluminium alloy & scrap market update 2023#6 India emerging as a new threat