Brazilian aluminum scrap tags jump in Sept.

Sep 23, 2013 | 12:42 PM | Carolina Guerra

Tags  Brazil scrap, aluminum scrap, scrap prices, LME, London Metal Exchange, UBC, used beverage cans, can scrap Carolina Guerra

SÃO PAULO — Brazil’s aluminum scrap prices have risen sharply this month compared with August and a year earlier, according to a survey released by Brazilian aluminum association Abal.

The most expensive class of secondary aluminum items in Brazil—scrap profile cuttings, unpainted and without contaminants (iron, oil, grease and rivets)—ended the second week of September at 4,750 reais ($2,163) per tonne, up 6.5 percent month on month and 16.1 percent higher year on year, according to Fundação Getúlio Vargas (FGV), which carried out....

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