Secondary ingot prices edge up; more gains loom

Oct 10, 2007 | 03:20 PM | Paul Schaffer

Secondary aluminum ingot spot prices are inching up, with the possibility of more gains to come.

The range for A380.1 is now pegged at $1.065 to $1.08 a pound vs. $1.065 to $1.075 previously. The volume at the top of the range isn't yet robust, although some smelters reportedly are delighted to avoid non-contract sales as they try to hoard their supplies of cheap....

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