25 APRIL 2012China Aluminium Network
Aluminium Scrap supply hold back Aluminum Die-casting Consumption
Edited by : AL CIRCLE
1 min read
According to the data from China Custom that from Jan. to Mar. China has imported 570 thousand tons of aluminum scrap increased 2.5% yoy. The aluminum price ratio between domestic and foreign was still went down since the beginning of this year which leaded to the rising of import cost, thus restrained aluminum scrap import volume. More over, the demand of aluminum scrap increased in domestic casting aluminum industry caused tension aluminum sracp supply inland.
It is expected that this situation will lasts till April with the recovery of enterprises fund chain and customs clearance speed.
It is expected that this situation will lasts till April with the recovery of enterprises fund chain and customs clearance speed.
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