Twitch prices drop as zorba weighs on market

Mar 24, 2014 | 01:26 PM | Nathan Laliberte

Tags  twitch, zorba, nonferrous auto shred, secondary aluminum alloy, A380.1, scrap prices, Nathan Laliberte

NEW YORK — Prices for twitch, a nonferrous auto shred used in secondary aluminum alloy production, have fallen over the past week, with sources noting that most major buyers expect further drops into April.

Twitch prices slipped to 82 to 83 cents per pound from 83 to 85 cents previously, market participants told AMM.

The weakness is the result of a steep uptick in domestic supply of zorba—a lower grade of nonferrous auto shred—caused by a drop in demand from consumers in China (amm.com, March 11).....





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