The primary aluminum market is going up. There is very big demand. As for the secondary material, the market is very bad. Taint/tabor went down in price €100 in one-and-a-half months. That is not so good news.
Secondary [ingot] is coming from China and Russia to Europe. Profile scrap is practically all customers are looking for.
I think in the primary market the situation will be the same during the summer. But I think in the secondary market the price will be under great pressure. There is still not a lot of scrap buying and secondary production in Japan and that market does not look poised to go up. The situation will be the same and prices and demand will be under pressure.
Bogdan Grincsisin can be contacted at gbogdan@gbti.hu.
Latest from Recycling Today
- Greenwave raises revenue but loses money in Q2 2025
- Recycled steel prices hold steady
- EY says India’s need for scrap imports will continue
- Coming full circle
- Amcor, DCM introduce fertilizer packaging with 35 percent recycled content
- Comstock Metals gets closer to commissioning commercial-scale solar panel recycling facility
- Washington selects Circular Action Alliance as PRO
- Smurfit Westrock expands in Latin America
