LME slump sinks aluminum scrap, alloy prices

Mar 09, 2012 | 01:55 PM | Daniel Fitzgerald

Tags  aluminum scrap, secondary aluminum ingot, aluminum alloy,

NEW YORK — Free-market aluminum scrap and secondary ingot prices have dropped by as much as 2 cents per pound, as traders look to attract business as the London Metal Exchange continues its slide.

Old sheet dropped to 72 to 74 cents per pound from 74 to 76 cents on Tuesday, while old cast fell to 74 to 76 cents per pound from 76 to 78 cents.....

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