Aluminum scrap tags get lift from tight flow, stronger LME

Sep 05, 2012 | 12:57 PM | Daniel Fitzgerald

Tags  aluminum scrap, secondary aluminum alloy, secondary aluminum ingot, LME, Nasaac, Daniel Fitzgerald

NEW YORK — Tight aluminum scrap flow and a sustained boost in London Metal Exchange prices prompted further gains in free-market scrap prices Tuesday, while A380.1 reached $1 per pound.

Old sheet prices moved up to a range of 66 to 68 cents per pound Tuesday from 65 to 67 cents previously, while high-grade turnings rose to 67 to 69 cents per pound from 66 to 68 cents.....

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