Secondary alloy prices mostly steady
Mar 21, 2014 | 02:05 PM
| Nathan Laliberte
NEW YORK Secondary aluminum alloy prices were mostly steady March 20, but sources said a downward trend might be developing due to sellers looking to move excess material by undercutting the market.
Producers pointed to several drivers behind the rumored price reductions.
We are seeing prices for twitch (a nonferrous auto shred) come off slightly because of the recent influx of zorba into the market, one producer told AMM. As a result, its conceivable that someone thinks they can buy twitch a little cheaper and, therefore, they are dropping their....
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