Deox price sags despite scrap gains

Dec 04, 2012 | 01:02 PM | Daniel Fitzgerald

Tags  aluminum deox prices, aluminum deox, old sheet, aluminum scrap, Daniel Fitzgerald

NEW YORK — Producers of deoxidized aluminum have expressed frustration at a decoupling in spot sales prices from scrap purchasing costs, with December business reported to have dropped as low as 94 cents per pound.

Several producers told AMM that they had missed the majority of spot business for December by holding the line on quotes above 95 cents.....

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