Mill-grade aluminum scrap prices up

Jan 11, 2013 | 01:12 PM | Daniel Fitzgerald

Tags  aluminum scrap prices, secondary aluminum alloy prices, aluminum ingot prices, A380.1 prices, scrap flow, LME, Nasaac, Daniel Fitzgerald

NEW YORK — Free-market mill-grade aluminum scrap prices increased Thursday as the London Metal Exchange recovered from its Monday plunge, although some scrap buyers reported difficulty in obtaining material due to tight flows.

Prices for 3105 segregated clips rose to 85 to 86 cents per pound from 82 to 84 cents, while mixed low-copper clips increased to 82 to 84 cents from 79 to 81 cents.

Aluminum-copper radiators are now at $1.74 to $1.79 per pound, up from $1.71 to $1.76 previously, while 1-1-3 sows moved up to a range of 79 to 81 cents per pound from 78 to 80 cents.....

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