US aluminum alloy prices hold steady

Mar 29, 2013 | 02:13 PM | Nathan Laliberte

Tags  aluminum scrap, aluminum, scrap, London Metal Exchange, LME, Nasaac, A380.1, Nathan Laliberte

Secondary aluminum alloy prices held steady March 28, as producers said that the threat of reduced capacity wasn’t enough to compel consumers to raise quotes.
A380.1 was unchanged at $1.04 to $1.05 per pound, with one producer indicating that he had received calls from consumers who had been unable to get orders filled. “I figure if everyone shuts down capacity, I will be the one who’s selling,” he said. “I have had a couple calls requesting emergency loads, so obviously someone is not filling orders or supporting product.” ....

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