Old sheet, A380.1 alloy prices decline

May 04, 2012 | 02:28 PM | Daniel Fitzgerald

Tags  aluminum scrap prices, aluminum alloy prices, aluminum ingot prices, lme, nasaac, daniel fitzgerald

NEW YORK — Free-market old sheet aluminum and A380.1 prices have dropped, while most free-market aluminum scrap prices were largely unchanged.

Old sheet fell to 73 to 74 cents per pound Thursday from 73 to 75 cents per pound at the start of the week, while old cast was unchanged at 76 to 78 cents per pound.

A380.1 dropped to $1.07 to $1.09 per pound from $1.08 to $1.09 per pound, with industry sources confirming sales at $1.07 for the first time after weeks of speculation.....

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