Aluminum scrap, alloy tags rise on tight supply

Dec 11, 2012 | 12:03 PM | Daniel Fitzgerald

Tags  aluminum scrap prices, aluminum alloy prices, aluminum ingot prices, aluminum, scrap, aluminum scrap, LME, Nasaac old cast

NEW YORK — Free-market aluminum scrap and secondary alloy prices rose Monday as buyers reported that scrap has become more difficult to purchase, with some dealers withdrawing from the market until 2013.

Old cast rose to a range of 74 to 76 cents per pound from 73 to 75 cents previously, while secondary-grade mixed low-copper clips increased to 75 to 77 cents per pound from 74 to 76 cents.....

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