Mill-grade aluminum scrap prices rise

Jan 25, 2013 | 03:31 PM | Nathan Laliberte

Tags  aluminum scrap, mill-grade scrap, secondary aluminum, LME, aluminum, Nasaac, Nathan Laliberte

NEW YORK — Mill-grade aluminum scrap prices have risen in step with tags on the London Metal Exchange, with market participants noting renewed bullish sentiment.

Prices for 5052 segregated low copper alloy clips moved to 95 to 97 cents per pound from 94 to 96 cents previously, while 3105 clips rose to 84 to 86 cents per pound from 83 to 85 cents.

Mill-grade mixed low copper clips increased 2 cents to a range of 82 to 84 cents per pound from 80 to 82 cents, while painted siding strengthened to 77 to 79 cents per pound from 76 to 78 cents. ....

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