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The aluminium scrap market faces uncertainty. Transparency is crucial for aluminium scrap buyers, sellers, and traders to stay profitable amidst price fluctuations.
Demand for aluminium scrap is growing due to increased recycling in the automotive sector and environmental concerns and the European market plays a vital role in secondary aluminium trading.
Get more transparency into what’s impacting the price of aluminium scrap and secondary aluminium products with our expert market analysis. Learn about the latest supply and demand trends in aluminium scrap, global economic shifts that could impact future pricing, tariffs and supply chains.
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Fastmarkets’ aluminium scrap price data combines the intelligence of industry-leading brands such as Metal Bulletin, American Metal Market, Scrap Price Bulletin and Industrial Minerals.
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The prospect of more than 5 million tons of additional flat-rolled steel production starting up in the United States by the end of this year has convinced some market participants that the current run of all-time record-high sheet prices must come to a screeching halt by summer.
China increased refined and unrefined copper imports by over 31% year on year in 2020, whereas scrap inflow shrank significantly, reflecting the import policy change for waste products that came into force at the end of the year.
China has further diversified the list of countries supplying heavy scrap (HS) imports, with recent deals from both South Korea and Singapore, market participants told Fastmarkets on Wednesday February 10.
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