Aluminum scrap prices dip with LME

Feb 26, 2013 | 03:08 PM | Nathan Laliberte

Tags  aluminum scrap, London Metal Exchange, LME, A380.1, 5052, lower-copper alloy clips, 3105 clips, Nasaac UBCs

NEW YORK — Some grades of secondary and mill-grade aluminum scrap declined Feb. 25 as buyers and sellers alike complained of reactionary conditions amid weakening terminal markets.

Prices for 5052 segregated low copper alloy clips fell to 94 to 96 cents per pound from 96 to 98 cents Feb. 21, while 3105 clips declined to 85 to 86 cents per pound from 87 to 88 cents. Mill-grade mixed low copper alloy clips weakened to 82 to 84 cents per pound from 84 to 85 cents, while painted siding fell to 77 to 79 cents per pound from 78 to 80 cents. ....

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