CHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Export price hits 6-week high after CCIC suspension, domestic market unfazed

By Hui Li / May 10, 2018 / www.metalbulletin.com / Article Link

Key data from the Wednesday May 9 pricing session in Shanghai.

Please click on the above tables to view more in-depth pricing data about these assessments in Metal Bulletin's price book.Key drivers - Export prices rose to a six-week high on concerns that supply of scrap raw materials used in the production of ADC 12 aluminium ingot could tighten after the Chinese government slapped a one-month ban on non-ferrous scrap imports from the United States.- The Chinese Certification and Inspection Group (CCIC) North America notified US exporters on May 3 that they would be...

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