Scrap aluminum wheel prices fall

Jul 30, 2013 | 03:38 PM | Nathan Laliberte

Tags  scrap, aluminum wheels, 356.1, LME, Nathan Laliberte

NEW YORK — Prices for scrap aluminum wheels have fallen since the beginning of July as most buyers cut back on consumption in anticipation of annual summer shutdowns, according to industry sources.

Free-market transaction prices for 356.1 wheels are 84 to 87 cents per pound, down from 85 to 88 cents July 8, traders said.....

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