Mill-grade aluminum scrap prices fall

Feb 20, 2013 | 03:18 PM | Nathan Laliberte

Tags  aluminum scrap, aluminum, scrap, London Metal Exchange, LME, Nasaac, UBCs, secondary alloys mill-grade scrap

NEW YORK — Mill-grade aluminum scrap prices eased Feb. 19, with market participants noting that talk of tightness might have been slightly overblown.

Prices for 5052 segregated low-copper alloy clips fell to 97 to 99 cents per pound from 98 cents to $1 per pound Feb. 14, while 3105 clips fell a penny to 87 to 89 cents per pound from 88 to 90 cents.

Mill-grade mixed lower copper alloy clips also fell to 84 to 86 cents per pound from 85 to 87 cents, while painted siding narrowed to 80 to 81 cents from 80 to 82 cents in the same comparison.....

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