MetalMiner
Chinese aluminium scrap price spikes
Edited by : AL CIRCLE
1 min read
The price of Chinese aluminum scrap rose 7.1 percent on March 25, 2013, making it the day’s biggest mover on MetalMiner’s price index.
The price of Chinese aluminum billet declined 0.3 percent. The cash price of Chinese aluminum rose 0.1 percent. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.
The Indian aluminum cash price saw a 0.8 percent decline.
On the LME, the primary aluminum cash price increased 0.2 percent to $1,905 per metric ton. The aluminum 3-month price flattened at $1,938 following two-days of declines on the LME.
The price of Chinese aluminum billet declined 0.3 percent. The cash price of Chinese aluminum rose 0.1 percent. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.
The Indian aluminum cash price saw a 0.8 percent decline.
On the LME, the primary aluminum cash price increased 0.2 percent to $1,905 per metric ton. The aluminum 3-month price flattened at $1,938 following two-days of declines on the LME.
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