Aluminum alloy A380.1 prices weaken

Aug 23, 2013 | 02:58 PM | Nathan Laliberte

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

NEW YORK — Prices for secondary aluminum alloy A380.1, primarily used in automotive production, weakened slightly over the past week, with major consumers lowering quotes by about a penny.

One producer source indicated that he would no longer concede to pricing pressure from consumers. "I don’t know what the other guys are doing, but we are drawing a line in the sand and saying we are not going to sell domestic production alloy below a certain level," he said. "We are not doing huge quantities, but we are making deals at higher levels than we have in recent months."....

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