06 SEPTEMBER 2011China Aluminium Network
Hot Primary Aluminum Consumption Support Wrought Aluminum Scrap Price
Edited by : AL CIRCLE
1 min read
Since August, the price of wrought aluminum scrap maintained high level in Guangdong province,higher than East China and North China. High level of primary price and hot consumption of wrought aluminum are the main factors to support high price of wrought aluminum scrap.
Aluminum price keeps hovering around 18,000Yuan/Ton in Guangdong, higher than East China by 200 Yuan/Ton.
Moreover, there are lots of primary processing enterprises in Guangdong, and in order to save cost, they will turn to aluminum scrap. Most of the aluminum scrap they purchased are of high ratio of aluminum and low content of other metals. Since raw aluminum with mixed metal content, so primary processing enterprises often turn to wrought auminum scrap.
Aluminum price keeps hovering around 18,000Yuan/Ton in Guangdong, higher than East China by 200 Yuan/Ton.
Moreover, there are lots of primary processing enterprises in Guangdong, and in order to save cost, they will turn to aluminum scrap. Most of the aluminum scrap they purchased are of high ratio of aluminum and low content of other metals. Since raw aluminum with mixed metal content, so primary processing enterprises often turn to wrought auminum scrap.
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