Mill-grade aluminum scrap price fall

Jan 08, 2013 | 12:10 PM | Daniel Fitzgerald

Tags  aluminum scrap, scrap prices, secondary aluminum alloys, mill-grade scrap, A380.1, LME, London Metal Exchange, Nasaac Daniel Fitzgerald

NEW YORK — Mill-grade aluminum scrap prices have logged some hefty declines while secondary aluminum scrap and alloy prices remain largely unchanged as strong demand and reports of tightening scrap flows lend support.

Prices for 1-1-3 sows fell to a range of 78 to 80 cents per pound from 79 to 81 cents previously, while mixed high-zinc clips dropped to 67 to 69 cents from 68 to 70 cents per pound.
Used beverage cans (UBCs) moved to 77 to 79 cents per pound picked up, down sharply from 82 to 84 cents per pound previously; 3105 segregated clippings to 82 to 84 cents per pound, down from 85 to 87 cents; and mill-grade painted siding to 75 to 77 cents per pound, down from 79 to 81 cents. ....

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