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China aluminum scrap price breaks flat spell
Edited by : AL CIRCLE
1 min read
The price of Chinese aluminum scrap fell 1.8 percent on March 5, 2013, making it the day’s biggest mover after three days of flat prices.
The Chinese aluminum cash price steadied following two days of dropping prices. The price of Chinese aluminum bar was unchanged. Following two days of downward movement, the price of Chinese aluminum billet held steady.
After a 0.7 percent increase, the primary aluminum cash price finished the day on the LME at $1,926 per metric ton. On the LME, the aluminum 3-month price rose 0.6 percent to $1,972 per metric ton.
The cash price of primary Indian aluminum increased 0.1 percent.
The Chinese aluminum cash price steadied following two days of dropping prices. The price of Chinese aluminum bar was unchanged. Following two days of downward movement, the price of Chinese aluminum billet held steady.
After a 0.7 percent increase, the primary aluminum cash price finished the day on the LME at $1,926 per metric ton. On the LME, the aluminum 3-month price rose 0.6 percent to $1,972 per metric ton.
The cash price of primary Indian aluminum increased 0.1 percent.
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