Aluminum scrap, alloy prices fall further

Aug 21, 2012 | 01:06 PM | Daniel Fitzgerald

Tags  aluminum scrap prices, aluminum alloy prices, LME, Nasaac, Daniel Fitzgerald

NEW YORK — Free-market secondary aluminum alloy prices drifted down again Monday, with producers struggling to hold the line on higher quotes as mill-grade scrap tags dropped due to a sustained lull in London Metal Exchange pricing.

A319.1 slipped to a range of $1.02 to $1.04 per pound from $1.03 to $1.04 previously, while A360.1 and A413.1 fell to $1.05 to $1.07 per pound from $1.06 to $1.08.....

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