Benefit from rising scrap aluminum price and stronger needed from car die-casting plant. The US A380.1 price recently hit a new high since June 2019. The manufacturer has increased the price because of the rising scrap aluminum price recently.
The source pointed out China is reducing the reliance on American scrap aluminum, but India, Vietnam, and Mexico fixed the demand.
Therefore the scrap aluminum price increase sharply. At the same time, the low supply and rasing shipping cost initiate the rising price of A380.1.
US'. A380.1 aluminum price hits 15-month high
2 Oct 2020 13:18 reported by Ailsa Su
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