Mill-grade aluminum scrap prices down

Jul 26, 2013 | 03:56 PM | Nathan Laliberte

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

NEW YORK — Prices for mill-grade aluminum scrap weakened July 25, in step with declines on the London Metal Exchange, as market participants indicated that slowing export demand combined with summer shutdowns could bring lower prices in the coming weeks.

Prices for 5052 segregated low-copper alloy clips decreased to 85 to 87 cents per pound from 86 to 88 cents previously, 3105 clips edged down to 77 to 79 cents per pound from 78 to 80 cents, mixed low-copper alloy clips fell to 74 to 76 cents per pound from 75 to 77 cents and painted siding slipped to....

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