Zorba prices dip; higher grades being sought

Jun 12, 2013 | 03:16 PM | Nathan Laliberte

Tags  China imports, Operation Green Fence, zorba, scrap, Nathan Laliberte

NEW YORK — Export prices for shredded aluminum scrap, or zorba, have weakened over the past month as exporters have attempted to elevate metallic minimums to meet China’s stepped-up standards for solid waste imports (amm.com, May 16).

Picked-up prices for 90-percent metallic units with 3-percent red metal hovered around 72 to 73 cents per pound, down 1 to 2 cents from a month earlier, exporters said.....

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