Secondary aluminum alloy prices fall again

Nov 06, 2012 | 12:23 PM | Daniel Fitzgerald

Tags  aluminum scrap prices, aluminum alloy prices, aluminum ingot prices, Nasaac, LME, Daniel Fitzgerald

NEW YORK — Free-market aluminum alloy prices suffered further drops this week despite a relatively stable scrap pricing market, with some producers holding the line on higher quotes in pursuit of a profit margin.

A380.1 dropped to a range of 99 cents to $1.01 per pound from $1 to $1.02, while 319.1 eased to $1.05 to $1.06 from $1.05 to $1.07 per pound previously. A360.1 and A413.1 both fell to $1.06 to $1.08 per pound from the prior range of $1.08 to $1.10.....

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