Secondary aluminum alloys flat, business quiet
Nov 22, 2011 | 03:18 PM
| Sean Davidson
Tags
secondary aluminum alloys,
aluminum scrap,
scrap prices,
twitch,
Sean Davidson
NEW YORK — Secondary aluminum alloy prices are struggling to hold their ground amid a softening in terminal markets.
Very little volume has been traded in the past few days due to price fluctuations on the London Metal Exchange and the upcoming holidays, market participants said.
While A380.1 prices are steady with the previous range of $1.10 to $1.11 per pound, prices for low copper alloys—A360.1, A413.1 and 356.1—have shed a penny to between $1.16 and $1.17 per pound from $1.16 to $1.18 per pound previously.....
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