Signals mixed as smelters’ aluminum scrap prices flat
Dec 31, 2008 | 09:56 AM
| Paul Schaffer
Smelter-grade aluminum scrap prices remain dismal, but some market participants are seeing faint signs of hope.
Scrapyards expecting a midwinter improvement in aluminum might have gained some tactical leeway from steel's mild improvement.
Gains in ferrous scrap volumes and prices have provided dealers with badly needed cash flow. This has muted the desperation to find prompt outlets for nonferrous scrap, one source suggested. Delaying sales of items that might soon show....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here