European secondary aluminium prices stable as demand falls away

May 18, 2012 | 09:00 AM |

European secondary aluminium ingot prices remained stable on Friday May 18, with poor demand adding to the woes of producers struggling with low prices and high raw material costs. “No one wants to hear prices. Very few people want to buy,” a producer said. “It’s a very difficult situation.” DIN226 pressure diecasting ingot continued to trade at €1,700-1,800 ($2,162-2,289) per tonne. Consistent with recent....

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