Aluminum scrap prices steady on LME rebound
Apr 27, 2012 | 04:45 PM
| Daniel Fitzgerald
Tags
aluminum scrap,
aluminum alloy,
aluminum ingot,
lme,
nasaac,
daniel fitzgerald
NEW YORK — Free-market aluminum scrap prices are largely unchanged as London Metal Exchange prices rebound, with industry traders continuing to bemoan a dearth of scrap across the industry.
One broker forecast a boom in activity if the LME continues to rise. "It’s a sellers’ market, scrap is tight. Consumers are saying, ‘come at me with firm offers,’ " he said.....
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