Twitch prices soar on supply crimp, weather
Jan 27, 2014 | 02:51 PM
| Nathan Laliberte
NEW YORK U.S. prices for high-grade twitch, or floated fragmentizer aluminum scrap, have spiked over the past two weeks, with buyers and sellers noting that a prolonged spat of wintry weather across much of the Midwest and Northeast is drastically reducing domestic supply.
As a result, twitch prices have risen to 83 to 85 cents per pound over the past 10 days, up around 5 percent from 79 to 81 cents previously, market participants told AMM.
Producers were struggling to operate heavy media separators in below-freezing temperatures, several buyer sources said.....
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