US aluminum scrap prices boosted by LME

Jul 12, 2013 | 03:43 PM | Nathan Laliberte

Tags  Aluminum scrap, LME, Comex, A380.1, Aluminum copper radiators, Nathan Laliberte

NEW YORK — Most prices for smelter-grade aluminum scrap increased July 11, supported by strong demand and upward movement on the London Metal Exchange.
Prices for secondary smelters’ mixed low-copper clips strengthened to 71 to 73 cents per pound from 70 to 72 cents at the beginning of the week, 1-1-3 sows increased to 75 to 77 cents per pound from 74 to 76 cents and painted siding rose to 69 to 71 cents per pound from 68 to 70 cents, while the range for old sheet widened to 67 to 69 cents per pound from 67 to 68 cents. ....

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