Deox producers struggle to profit amid low tags
Nov 07, 2012 | 01:25 PM
| Daniel Fitzgerald
NEW YORK Producers of deoxidized aluminum have presented a mixed picture regarding November spot prices, with one producer claiming that fierce competition and expensive scrap costs have led to largely unprofitable sales.
Producers contacted by AMM over the past week generally put the price of aluminum deox at less than $1 per pound for November.
One producer pegged sales primarily in a range of 96 to 97 cents per pound, noting that "it was a workout" to get those kinds of numbers.....
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