China’s power limited and restricted output policies both pressured the demand for the metal, further caused the raw material prices to increase dramatically, including aluminum alloy ingot.
In the past two months, the metal silicon showed an around 300% increment, which further led the aluminum alloy ingot price to skyrocket.
By some of the sources, the domestic aluminum alloy ingot price in China this September has increased by nearly 20% within a month.
China's aluminum alloy ingot price faces strong increase
8 Oct 2021 11:40 reported by Jordan Huang
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