Scrap aluminum wheel prices lose traction

Sep 19, 2013 | 02:53 PM | Nathan Laliberte

Tags  Aluminum wheels, scrap, 356.1, damaged vehicles, Nathan Laliberte

NEW YORK — Scrap aluminum wheel prices have dropped since the end of August, as supply has increased while demand has remained unchanged, according to market players.

Free-market transaction prices for 356.1 wheels are between 83 and 86 cents per pound, down from 86 to 89 cents Aug. 27, traders said.....

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