Mill-grade aluminum scrap prices dip

Jan 29, 2013 | 11:43 AM | Nathan Laliberte

Tags  Aluminum Scrap, LME, Nasaac, UBC, Nathan Laliberte

NEW YORK — Mill-grade aluminum scrap prices slipped Jan. 28 in step with the London Metal Exchange, with market participants noting limited activity on worsening margins.

Prices for 5052 segregated low-copper alloy clips were in a range of 94 to 96 cents per pound, down from 95 to 97 cents Jan. 24, while 3105 clips dipped to 83 to 85 cents per pound from 84 to 86 cents.

Mill-grade mixed low-copper clips fell to a range of 81 to 83 cents per pound from 82 to 84 cents, while painted siding weakened to 76 to 78 cents per pound from 77 to 79 cents. ....

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