Copying and distributing are prohibited without permission of the publisher

EU secondary aluminium prices hold on steady demand

July 03, 2009 - 11:26 GMT Location: London

KEYWORDS: secondary aluminium , ingot , scrap , DIN 226

Secondary aluminium prices were unchanged on Friday as the rise in demand seen last week continues to be evident in the market

“This small increase in demand in recent weeks seems to have become a constant level; the consumers don’t have stocks, so they need to keep buying according to their activity,” a Spanish producer told MB. Duty-paid delivered works pressure diecasting ingot (DIN226/A380) continues to trade at €1,100-1,200 ($1,540-1,680) per tonne. “Prices are consolidated between €1,150 and...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

  • COMMENT: Glenstrata still has to break the mould

    The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.

  • APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

    Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.

  • Raising fees could imperil LME date structure: a broker writes

    The London Metal Exchange plans to introduce a fee for client trades from March. The proposal has aroused some opposition, and prompted one broker to write to Metal Bulletin, requesting anonymity. Here he outlines his concerns. How justified are they? Email aharrison@metalbulletin.com, or tweet @aharrison_mb

Upcoming Events