CHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Export, domestic prices drop on ample raw material supply

By Hui Li / June 21, 2018 / www.metalbulletin.com / Article Link

Key data from the Wednesday June 20 pricing session in Shanghai.

Key drivers - Scrap sellers lowered their offer prices due to the ample supply of scrap material sitting at ports in the United States following the temporary shutdown of the North American division of the China National Certification and Inspection Group.- Some buyers were also taking a more cautious approach to procuring...

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