Aluminum scrap prices up, Dec. shortage seen

Nov 16, 2012 | 01:52 PM | Daniel Fitzgerald

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

NEW YORK — Free-market mill-grade aluminum scrap prices rose again Thursday as buyers continue to enter and exit the market to control inventory levels for the remainder of 2012.

Prices for 3105 segregated clips rose to a range of 80 to 81 cents per pound from 79 to 81 cents, while mixed low-copper clips moved up to a range of 78 to 80 cents per pound from 77 to 79 cents previously.

Aluminum used beverage cans increased to a range of 74 to 75 cents per pound from 73 to 75 cents, while aluminum-copper radiators moved up to $1.68 to $1.73 per pound from a range of $1.65 to $1.70 per pound.....

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