Scrap aluminum stops falling and rebounds short-term material prices remain firm

In terms of the market, the price of aluminum alloy ingots this week did not follow the rise of aluminum ingots, but fell in the market, resulting in serious price pressure on raw materials by recycled aluminum companies, raw aluminum scrap aluminum this week significantly stagnation, the increase is only about 100 yuan, some manufacturers even have a downward adjustment, resulting in the enthusiasm of holders to ship is not high, more cover the goods to wait and see the market circulation supply is tight; The increase in alloy scrap aluminum is more obvious, mostly in 300-400 yuan, and manufacturers receive goods stably
.

The price of short-term scrap aluminum is still firm, but considering the price pressure of manufacturers, the actual rebound space may be limited, and it will be adjusted up steadily next week, and it is recommended that holders appropriately reduce inventories
at high prices.