A380.1 aluminum slides, other alloys stable

Nov 29, 2006 | 11:08 AM | Paul Schaffer

The street price of A380.1 secondary aluminum ingot has declined slightly, according to market sources, but prices for most other grades are stable.

Sources put A380.1 in a range of $1.075 to $1.10 a pound, down from $1.08 to $1.11 previously.

Wabash Alloys LLC, which had raised its published quote to $1.14 early this month when the cash price of the North American special aluminum alloy contract was $1.0546 a pound on the London Metal Exchange, acknowledged the softer market Tuesday by cutting its price 4 cents to $1.10 a pound.....

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