Aluminum ingot prices trek higher amid strong demand

Nov 15, 2010 | 02:01 PM | Sean Davidson

Secondary aluminum alloy prices have moved 1 to 2 cents per pound higher due to strong scrap prices and demand.

A380.1 sellers and buyers reported trades between $1.11 and $1.13 per pound, up from the $1.10- to $1.11-per-pound range that has prevailed in the market for the past month. Prices for 319.1 alloy increased a penny to between $1.14 and $1.17 per pound.....

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