Aluminum scrap price drops, alloys may follow
Oct 16, 2012 | 12:53 PM
| Daniel Fitzgerald
Tags
aluminum scrap prices,
aluminum alloy prices,
aluminum ingot prices,
aluminum,
A3801.1,
319.1,
mixed low-copper clippings,
Nasaac
used beverage cans
NEW YORK — Free-market aluminum scrap prices have moved down after a sustained drop in London Metal Exchange pricing, with A380.1 threatening to dip back below the $1-per-pound mark.
Old sheet fell to a range of 69 to 71 cents per pound from 70 to 72 cents previously, while secondary-grade mixed low-copper clips dropped to 73 to 75 cents per pound from 74 to 76 cents.....
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