The US-Iran conflict has disrupted navigation in the Strait of Hormuz, which in turn has boosted capital sentiment and driven up aluminum prices. On Tuesday, the spot price of primary aluminum rose sharply by 300 yuan/ton compared with the previous trading day, and the scrap aluminum market generally followed the upward trend. Currently, the strict regulatory trend of the "reverse invoicing" policy remains unchanged, the compliance cost of the scrap aluminum recycling link remains high, and the actual circulating supply with invoices is still tight.
