Spot prices remained stable, with market participants showing a consistent willingness to hold prices firm. The core support for current price levels comes from raw material costs, which have been kept high due to stricter tax invoice policies making compliant aluminum scrap sourcing more difficult. Post-holiday demand recovery remains uncertain, and if end-user orders and restocking demand fall short of expectations, spot prices could face upward constraints.
The market sentiment improved slightly, but the primary factors influencing price stability are the high raw material costs and the ongoing uncertainty around demand recovery. With stricter compliance requirements and limited supply of compliant scrap, the cost side remains a key determinant for pricing. The spot market is expected to remain steady as buyers and sellers navigate these challenges, keeping an eye on both supply constraints and potential demand shifts.
The SMM, which processes the data, notes that all information is based on publicly available sources and market communication. The overall outlook for ADC12 prices remains cautious, with a focus on maintaining stability amid ongoing supply and demand dynamics.