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MYSTEEL: China Al prices recover amid improved demand

ABSTRACT

Domestic aluminum prices across China recovered slightly over the past week as demand for primary ingot from end-users showed some moderate improvement, according to market sources on Wednesday.
As of November 16, China's national price of 99.7% primary aluminum ingot under Mymetal's assessment had recovered to Yuan 18,990/tonne ($2,971/t) including 13% VAT, higher by Yuan 24/t on week after a three-week decline. The price had dipped to as low as Yuan 18,557/t on November 10, nearly a five-month

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