European secondary aluminium ingot up as producers refuse low prices
Jun 01, 2012 | 12:12 PM
European secondary aluminium ingot prices rose on the low end on Friday June 1, as producers in Italy – which usually find the weakest prices – refused to sell at last week’s lows.
“In Italy, the main producers have decided to stay at higher numbers,” a trader said. “At last week’s prices they weren’t even paying the direct costs.”
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