Casting Aluminum Alloy Ingot Market Report October 2011
2011-11-11 11:49:00 【Print】
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With the depreciation of domestic aluminum price and the weak demand and tight funds in casting and automobile industry in October, domestic alloy ingot market went down further. Downstream buyers were cautious about making purchases as the quotation of recycling aluminum ingot declined compared to that of late September. Some producers of casting aluminum alloy ingot A356 faced the difficulties of lowering the processing cost, whose sales decreased by 9% month on month. Domestic alloy ingot market remained inactive and participants were pessimistic about the future market.
