Aluminum scrap, alloy prices continue to rise
Sep 14, 2012 | 01:28 PM
| Daniel Fitzgerald
Tags
aluminum scrap prices,
aluminum alloy prices,
aluminum,
A380.1,
319.1,
old sheet,
5052 segregated low-copper alloy clips,
LME
Nasaac
NEW YORK — Free-market aluminum scrap and alloy prices continued to rise Thursday on the back of a surge in London Metal Exchange prices, with market participants reporting increased but still-tentative trading levels as many waited for the LME to level out.
A380.1 rose to a range of $1.01 to $1.03 per pound from $1 to $1.01 previously, while 319.1 widened to a range of $1.06 to $1.08 per pound from the prior range of $1.06 to $1.07 per pound.....
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