Sluggish demand and reduced industrial silicon prices weigh on China’s ADC 12 market

China’s domestic aluminium ingot alloy ADC 12 market stayed weak given the persistent sluggish demand from automobile, real estate and home appliance industries as well as cheaper industrial silicon grade-553.

Fastmarkets’ price assessment for aluminium ingot ADC 12, exw dp China was 18,000-18,100 yuan ($2,532-2,546) per tonne on Wednesday May 31, flat from the previous week.


Ruby Liu

June 01, 2023

04:15 GMT