CHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Export price falls to one-year low; domestic price flat

By Hui Li / July 12, 2018 / www.metalbulletin.com / Article Link

Key data from the Wednesday July 11 pricing session in Shanghai.

Key drivers - Heightening trade tensions between China and the United States dampened Chinese buyers' interest in US-origin scrap, leading to an accumulation of scrap stocks at US ports.- Wide availability of scrap material in the US saw sellers reduce their prices to attract business and clear...

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