Aluminum smelters’ scrap prices fall
Dec 03, 2013 | 02:47 PM
| Nathan Laliberte
NEW YORK Prices for most grades of secondary aluminum smelters scrap fell Dec. 2, precipitated by lower demand from mills and weakening terminal markets, according to industry sources.
Several sellers said they had seen reduced demand from most domestic consumers over the past week.
"What I am being told is that a lot of consumers dont want material," one scrap seller said. "Its the end of the year, they dont want a lot of orders and terminal markets are hitting the skids. Demand is really slowing down right now.....
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