Scrap aluminum wheel prices shift higher

Feb 21, 2014 | 03:56 PM | Nathan Laliberte

Tags  junk rims, 356.1, secondary aluminum alloy, scrap wheels, Nathan Laliberte

NEW YORK — Scrap aluminum wheel prices have risen slightly through mid-February, supported by lower supply figures due to recent weather conditions across much of the country, market participants told AMM.

Free-market transactions for 356.1 wheels are at 85 to 86 cents per pound vs. 84 to 86 cents Jan. 23, traders said.....

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