Mill-grade aluminum scrap prices rebound

Nov 02, 2012 | 11:43 AM | Daniel Fitzgerald

Tags  aluminum scrap, scrap prices, mill-grade scrap, London Metal Exchange, Nasaac, Daniel Fitzgerald

NEW YORK — Free-market mill-grade aluminum scrap prices rebounded Thursday on the back of a rise in London Metal Exchange tags, although demand has reportedly become spotty heading into November.

Prices for aluminum used beverage cans (UBCs) increased to 72 to 74 cents per pound picked up vs. 70 to 72 cents previously, while 3105 segregated clippings moved to a range of 78 to 80 cents per pound from 77 to 79 cents.....

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