Aluminum scrap prices hold steady

Dec 13, 2013 | 11:00 AM | Nathan Laliberte

Tags  aluminum scrap, London Metal Exchange, LME, mill-grade aluminum, secondary aluminum alloy, Nathan Laliberte

NEW YORK — Prices for most grades of secondary aluminum smelters’ scrap are largely steady, supported by upticks on terminal markets, sources said.

Several traders noted that limited trading activity ahead of the upcoming holiday season has served to quell pricing volatility.

"There is really not a whole lot going on in this market," one buyer said. "Prices are steady because there isn’t a ton of business being transacted and the (London Metal Exchange) is up."....





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