UK secondary aluminium stable on lack of business

May 02, 2012 | 09:10 AM |

UK secondary aluminium ingot prices were flat on Wednesday May 2, with little buying interest from domestic consumers and export markets still closed by prohibitive exchange rates and a lack of available freight space on eastbound shipping. “We’ve not placed any orders for a while,” a diecaster said. “We’ll be quiet for the next three months and then there’ll be a busier autumn.”  LM24 pressure diecasting ingot stayed at £1,440-1,500 per tonne ($2,336-2,433), while LM6/LM25....

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