Recycled aluminum prices to drop in Europe

Recently, the prices of recycled aluminum have remained flat in the UK market, market participants predicted that it would drop in the near future.

It’s said that as the suppler might know the prices of recycled aluminum would fall soon, they’ve rushed to deliver the products. However most ally manufacturers have already had the sufficient inventory on hand.

It’s known that the supply of recycled aluminum usually exceeded the demand in the UK market; thus, most products were exported to overseas market, nevertheless as the European market has remained sluggish recently the UK supplier would leave the goods in local market rather than running risks to export them to other countries.