Tight supply drives aluminum scrap prices up

Feb 12, 2013 | 03:18 PM | Nathan Laliberte

Tags  aluminum scrap, mill-grade scrap, old sheet, old cast, UBCs, used beverage cans, aluminum, scrap A380.1

ST. LOUIS — Some free-market aluminum scrap prices rose Feb. 11 as buyers continued to compete for adequate supplies of scrap.

Prices for mill-grade 5052 segregated low-copper alloy clips increased to a range of 97 to 99 cents per pound from 96 to 98 cents Feb. 7, while 3105 clips rose to 86 to 88 cents per pound from 85 to 87 cents previously.

Mill-grade mixed low-copper alloy clips also strengthened to 84 to 86 cents per pound from 83 to 85 cents, while painted siding rose 1 cent to 79 to 81 cents per pound from 78 to 80 cents previously. ....

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