The tight supply situation is difficult to change, and scrap aluminum may show a steady rise

In terms of the market, the scrap aluminum market this week is still tight, the price is firm, especially the high-grade sources such as aluminum wire and 1 series, which are extremely tight, and manufacturers are looking for more goods; In terms of scrap aluminum freight yards, medium and large freight yards mostly receive goods stably and start construction earlier, and small scrap aluminum recycling merchants mostly start work after the Lantern Festival; It is understood that due to the imminent implementation of the new fiscal and taxation policies on March 1, most freight yards have begun to reduce inventory
.
In terms of manufacturers, there is currently no clear notice of the source of receipt of tickets, and there are more
wait-and-see enterprises.

In terms of recycled aluminum finished products, as of Friday, the mainstream price of ADC12 aluminum alloy ingots in East China was 22,000 yuan / ton, down 300 yuan / ton from last Friday, corporate profits narrowed significantly, as downstream die-casting enterprises returned to normal, recycled aluminum alloy ingot demand is expected to turn better, and it is expected that the price will stop falling next week
.

The future market predicts that the current market demand is gradually recovering, and the short-term scrap aluminum supply is tight and difficult to change, and it is expected that the price of scrap aluminum next week may show a steady rise
.