Deox prices flat; better margins sought
Mar 06, 2013 | 02:45 PM
| Nathan Laliberte
Tags
aluminum deox,
deoxidized aluminum,
LME,
aluminum scrap,
scrap prices,
Nathan Laliberte
NEW YORK — Prices for deoxidized aluminum were relatively flat in February, with market participants telling AMM that tightness in scrap coupled with lower quotes from steel mills continued to present significant headwinds for maintaining profitability.
Most producers logged sales at 99 cents to $1.01 per pound in February, with some sources telling AMM they can no longer give in to price pressure from the mills, even if it means exiting the market.....
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