Chinese Aluminum Scrap Moving Again

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The price of Chinese aluminum scrap closed Thursday, January 2, halting its three-day flat run with a 6.0 percent shift. The Chinese aluminum cash price saw little movement yesterday. The price of Chinese aluminum bar saw little movement. The price of Chinese aluminum billet was unchanged.

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The aluminum 3-month price saw a 0.5 percent decline on the LME to $1,811 per metric ton. The cash price of primary Indian aluminum declined 0.4 percent. The cash price of primary aluminum weakened by 0.4 percent on the LME, settling at $1,764 per metric ton.

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