The price of domestic ADC12 aluminum alloy in China is on a steady rise on the back of a healthy demand from the automotive industry. In the past few weeks, however, the market saw an even more significant surge in prices.
In this video, associate editor Alvin Yee explores the impact of a new trucking policy in China and of the movement in primary and scrap aluminum prices on ADC12. He also shares market expectations on China's automotive demand and how it may continue to support ADC12 prices.