Secondary alloys firm despite fall in twitch prices
Mar 28, 2014 | 03:32 PM
| Nathan Laliberte
NEW YORK Secondary aluminum alloys were mostly stable March 27 as sources said the market held strong despite notable drops in some aluminum scrap grades, including twitch, a nonferrous auto shred and a key component in alloy output.
Twitch prices fell to 81 to 82 cents per pound from 82 to 84 cents, market players told AMM, attributing the weakness in part to upticks in zorba supply due to falling international demand, particularly from China (amm.com, March 26).....
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