Aluminum wheels prices at premium to LME again
Oct 26, 2012 | 03:39 PM
| Daniel Fitzgerald
NEW YORK Secondary aluminum wheels are back to trading at a premium above the London Metal Exchange primary aluminum price, though one trader said that demand could cool in the winter months.
Market participants said 356.1 wheels are currently trading in the low- to mid-90-cent range, with most sellers quoting the item at around 95 cents per pound and buyers pushing for prices of 91 to 92 cents, they told AMM. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.