A380.1 prices slip again; scrap gap vs. ingot narrows slightly
Nov 05, 2008 | 11:14 AM
| Paul Schaffer
Secondary aluminum alloy prices slipped another 3 or 4 cents a pound, depending on grade, in the past week. What had been a recently widening gap between scrap and ingot seems to have reversed slightly.
The spot value of A380.1 is now about 82 to 83 cents a pound, down from last week's range of 86 to 87 cents.....
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