Mill-grade aluminum scrap prices ease
Jan 15, 2013 | 12:58 PM
| Daniel Fitzgerald
NEW YORK Free-market mill-grade aluminum scrap prices fell a penny Jan. 14 as aluminum prices on the London Metal Exchange dropped and buyers sat out of the market.
Prices for 5052 segregated clips dropped to 96 to 98 cents per pound from 97 to 99 cents, while mixed low copper clips fell to a range of 81 to 83 cents per pound from 82 to 84 cents.
Used beverage cans dropped to a range of 79 to 81 cents per pound picked up from 80 to 82 cents, while mixed high-zinc clips were the sole secondary grade to move, dropping a penny to a range of 67 to 69 cents per pound. ....
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