Aluminum scrap prices still edging lower
May 08, 2012 | 03:33 PM
| Daniel Fitzgerald
Tags
aluminum scrap prices,
aluminum ingot,
aluminum alloys,
LME,
Nasaac,
Daniel Fitzgerald
NEW YORK Free-market aluminum scrap prices continue to feel the impact of anxiety over the eurozone crisis and a decline in London Metal Exchange prices, trader sources said.
Old sheet prices fell to 72 to 74 cents per pound Monday from 73 to 74 cents per pound Thursday, while old cast was unchanged at 76 to 78 cents per pound. A380.1 tags dropped to $1.07 to $1.08 per pound from $1.07 to $1.09 per pound in the same comparison.....
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