European secondary al DIN226 price drops sharply on quiet demand, falling scrap and silicon

Key data from Fastmarkets' European secondary aluminium pricing session on Friday November 12.

Key drivers: The price of secondary aluminium ingot DIN226 dropped by more than €200 per tonne in the week to Friday November 12 because of ow demand and falling silicon and scrap prices. Market participants noted quiet demand because most consumers are well stocked until the end of the first quarter of 2022 after a recent period of stockpiling while fears about supply...

Published

Imogen Dudman

November 12, 2021

18:04 GMT

London