Mill-grade aluminum scrap climbs on LME rise

Jul 23, 2013 | 04:05 PM | Nathan Laliberte

Tags  aluminum scrap, LME, mill-grade aluminum, A380.1, secondary aluminum, Nathan Laliberte

NEW YORK — Prices for mill-grade aluminum scrap strengthened across the board July 22, with secondary tags moving largely in response to recent upticks on the London Metal Exchange, according to market sources.

Prices for 5052 segregated low-copper alloy clips increased to 86 to 88 cents per pound from 84 to 86 cents previously, 3105 clips edged up to 78 to 80 cents per pound from 76 to 78 cents, mixed low-copper alloy clips rose to 75 to 77 cents per pound from 74 to 76 cents and painted siding strengthened to 72 to 74 cents per pound from 71 to 73 cents.....

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