Aluminum wheel prices slip amid weak demand

Nov 11, 2013 | 02:17 PM | Nathan Laliberte

Tags  aluminum scrap, aluminum wheels, 356.1, secondary aluminum alloy, LME, London Metal Exchange, Nathan Laliberte

NEW YORK — Scrap aluminum wheel prices continued to fall this week due to weakening terminal markets coupled with lower demand.

Free-market transaction prices for 356.1 wheels have fallen to 79 to 83 cents per pound from 82 to 84 cents Oct. 28, according to traders.....

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