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UK secondary Al holds amid market uncertainty

July 28, 2010 - 13:05 GMT Location: London

KEYWORDS: secondary aluminium , aluminium alloy , aluminium , LM24 , LME , LM25 , LM6

Secondary aluminium prices in the UK were unchanged on Wednesday as spot buying dries up amid market uncertainty and northern summer shutdowns

Secondary aluminium prices in the UK were unchanged on Wednesday as spot buying dried up amid market uncertainty and northern summer shutdowns. LM24 pressure die-casting ingot was stable at £1,570-1,600 ($2,393-2,439) per tonne and LM6/LM25 gravity die-casting ingot continued to trade at £1,800-1,850 per tonne. “Everybody is just looking to see what will happen. The situation on the London Metal Exchange is confusing everyone,” a producer source told MB. Aluminium alloy prices on the LME have exceeded primary aluminium prices...

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