Copying and distributing are prohibited without permission of the publisher

(AMM) Secondary aluminum alloy tags said stuck in crosswinds

February 24, 2010 - 20:51 GMT Location: NEW YORK

KEYWORDS: secondary aluminum , low-copper ingot

Secondary aluminum alloy prices are caught in crosswinds, with low-copper ingot still being pressured upward by tight scrap supplies.

Most ingot prices are flat compared with last week, with A380.1 remaining in a range of $1.02 to $1.03 per pound, while low-copper grades A360.1 and A413.1 are up by 2 cents to a range of $1.11 to $1.12 per pound.

On the scrap list, most grades are up by 2 cents, putting old sheet and cast in a range of 66...

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

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Non-Ferrous

Feb 4, 2012 02:22 Free market secondary aluminum alloy prices steady
Feb 3, 2012 20:38 Tomra sells Calif. recycling arm for $25M
Feb 3, 2012 15:47 MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES
Feb 3, 2012 14:13 European secondary aluminium prices climb on firm demand, scrap shortage
Feb 3, 2012 00:27 Ratner, Kelman step up to new Sims posts

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