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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