Chinese Aluminum Scrap Price Breaks Free of Flat Spell

The day’s biggest mover broke away from a static phase with a 1.1 percent jump on Monday, June 3. After three changeless days, the price of Chinese aluminum scrap closed higher.

today's metal prices - MetalMiner IndXThe Chinese aluminum cash price rose 0.3 percent. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row. The price of Chinese aluminum billet remained steady.

The cash price of primary Indian aluminum rose 0.8 percent. After a couple of days of improving prices on the LME, the 3-month price of aluminum held steady at $1,889. The cash price of primary aluminum flattened at $1,856 after two days of improvement on the LME.

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