Aluminum alloy price retreat said looming
Dec 15, 2005 | 04:56 PM
| Rory Carroll
Although the U.S. price of A380.1 aluminum alloy continues to climb on the back of record London Metal Exchange prices and strong stateside demand, a reversal is on the horizon, producers said Thursday.
The current price for A380.1 generally is 90 to 91 cents a pound, although Wabash Alloys LLC, Wabash, Ind., the largest producer of secondary aluminum alloys, lists a price of 92 cents a pound.
But those prices aren't expected to stay that way for long.....
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