Aluminum scrap prices mostly steady

Dec 31, 2013 | 04:15 PM | Nathan Laliberte

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

NEW YORK — Prices for secondary aluminum smelters’ scrap were mostly steady Dec. 30 as sources said that upticks on the London Metal Exchange weren’t being reflected in secondary pricing because of a "limited holiday trading schedule."

The LME’s primary aluminum cash contract ended the official session Dec. 30 at $1,771 per tonne (80.3 cents per pound) Dec. 30, up 3.1 percent from $1,718 per tonne (77.9 cents per pound) Dec. 23. The contract lost some....

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