Aluminum scrap prices hold as A380.1 softens

Apr 13, 2012 | 01:35 PM | Daniel Fitzgerald

Tags  aluminum alloy, aluminum scrap, aluminum ingot, LME, Nasaac, daniel fitzgerald

NEW YORK — Aluminum alloy producers are continuing to come under pressure from tightening margins, with free-market scrap prices holding firm while A380.1 tags continue to weaken.

Old sheet prices were unchanged at 73 to 75 cents per pound and old cast remained at 75 to 77 cents, while the range for A380.1 narrowed to $1.08 to $1.09 per pound on Thursday from $1.08 to $1.10 on Monday. ....

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