Deox prices likely to remain stable in Nov., producers say

Oct 25, 2012 | 12:16 PM | Daniel Fitzgerald

Tags  aluminum deox prices, aluminum deox, deoxized aluminum, deox demand, aluminum scrap, Daniel Fitzgerald

NEW YORK — Producers of deoxidized aluminum (deox) have forecast sideways price movements for November, putting transacted prices in a range of 97 cents to $1.03 per pound, although consumers are said to be pursuing transactions in the mid-90-cent range.

One producer, who indicated he had completed 50 percent of his spot business for November, said his company held the line at 99 cents and closed most deals at this figure and up to $1.03 per pound. Most consumers were pushing for prices of around 96 cents per pound, he noted.....

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