Hot Primary Aluminum Consumption Support Wrought Aluminum Scrap Price

[China Aluminum Network] September 5, since August, the price of wrought auminum scrap maintain high level in Guangdong province, higher 200-300 Yuan/Ton 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 auminum scrap.

Aluminum price keeps hovering around 18,000Yuan/Ton in Guangdong, higher 200 Yuan/Ton than East Chin.

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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