UK secondary aluminium stable on lack of business
May 02, 2012 | 09:10 AM
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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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