Rising scrap-aluminium demand intensifies as scrap becomes strategic amid tighter primary supply – 08 December 2025
With primary metal under pressure and global supply-chain uncertainties, scrap aluminium is gaining prominence as a key feedstock for downstream production and recycling. Metal News+1
Summary :
Basis Daily Report: According to SMM data, on December 1, the theoretical spot price premium of SMM ADC12 over the closing price of the most-traded cast aluminum alloy contract (AD2601) at 10:15 AM narrowed to 490 yuan/mt.
Warrant Daily Report: SHFE data showed that on December 1, the total registered warrant volume for cast aluminum alloy was 64,227 mt, an increase of 152 mt from the previous trading day. The breakdown by region was as follows: Shanghai (4,757 mt, unchanged), Guangdong (20,425 mt, up 152 mt), Jiangsu (10,969 mt, unchanged), Zhejiang (21,648 mt, unchanged), Chongqing (6,308 mt, unchanged), and Sichuan (120 mt, unchanged).
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