Aluminum alloy prices remain mostly steady
Oct 01, 2013 | 04:41 PM
| Nathan Laliberte
NEW YORK Secondary aluminum alloy prices remained unchanged Sept. 30, with market participants saying producers were attempting to hold the line on prices and fend off lower quotes from consumers.
As producers fight to achieve better margins, sellers who lowered quotes in response to downward pricing pressure were hurting the entire market, several sellers said.
"Consumers can smell a desperate salesman from a mile away and I refuse to be one of those guys," one producer said. "You can only run at $1.01 per pound for A380 for so long before you go out of business."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.