Aluminum scrap prices follow LME higher

Jun 07, 2013 | 02:45 PM | Nathan Laliberte

Tags  aluminum scrap, London Metal Exchange, LME, A380, secondary aluminum, Nathan Laliberte

NEW YORK — Most prices for smelter-grade aluminum scrap rose June 6 on recent upticks on the London Metal Exchange, market sources told AMM.

Prices for mixed low-copper clips rose to 73 to 75 cents per pound from 72 to 74 cents June 3, mixed high-copper clips increased to 72 to 74 cents per pound from 71 to 73 cents, 1-1-3 sows strengthened to 77 to 78 cents per pound from 76 to 78 cents and painted siding moved to 71 to 73 cents per pound from 70 to 72 cents.

Mixed clips increased to 71 to 73 cents per pound from 70 to 72 cents and old sheet inched up to 68 to 69 cents per pound from 67 to 69 cents, while the price range for old cast narrowed to 71 to 72 cents per pound from 70 to 72 cents.....

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