Aluminum scrap, alloys prices get LME bump

Nov 30, 2012 | 11:51 AM | Daniel Fitzgerald

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

NEW YORK — Free-market aluminum scrap and alloy prices increased further Thursday with a rise in London Metal Exchange pricing as consumers look to optimize inventory levels moving into the holiday season.

Secondary-grade mixed low-copper clips moved up to 74 to 76 cents per pound from 73 to 75 cents previously, while the range for painted siding widened to 70 to 72 cents per pound from 70 to 71 cents.....

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