Lme aluminium price - Fundamentals of the Rising LME Aluminium Prices_SMM

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Fundamentals of the Rising LME Aluminium Prices_SMM

As of February 22, Yunnan has released more than 600,000 mt of green secondary aluminium capacity.

  • Aluminum metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments.

  • However, it is difficult for overseas aluminium ingots to flow into the domestic market, and there is a gap in the total domestic supply year on year.

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With the improvement of construction and end-user demand, aluminium ingots may quickly destock.

  • Because of its electrical conductivity aluminium is also used as a conductor material in power lines.

  • Operating rates in some small and medium-sized enterprises will be restrained, and more orders directly from end users will return to large enterprises that maintain relatively good operating rates.




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