Today, overseas ADC12 prices slightly increased to the range of $2,850–$2,910 per ton, due to the strengthening of the RMB against the US dollar. The immediate profit margin for imports has expanded to around 300 yuan per ton. (Shanghai Nonferrous Metals Network)
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Overseas ADC12 prices rise, expanding import profit margins
Today, overseas ADC12 prices slightly increased to the range of $2,850–$2,910 per ton, due to the strengthening of the RMB against the US dollar. The immediate profit margin for imports has expanded to around 300 yuan per ton. (Shanghai Nonferrous Metals Network)