Mill-grade aluminum scrap tags move higher with LME

May 13, 2014 | 04:27 PM | Bhavna Patel

Tags  aluminum, scrap, prices, supply, demand, London MEtal Exchange, mill-grade scrap, low-copper alloy chips 3105 clips

NEW YORK — Secondary aluminum scrap prices recorded a mixed start to the week of May 12, as some grades increased while others remained flat.

Some market participants attributed the price change to a rise in the London Metal Exchange’s three-month aluminum contract, which ended May 12 at $1,784 per tonne (80.9 cents per pound) up from $1,762 per tonne (79.9 cents per pound) May 9.....

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