Copying and distributing are prohibited without permission of the publisher
Aluminium scrap still under pressure in UK
March 26, 2014 - 16:35 GMT
Aluminium scrap prices remain under pressure in the UK, with a lack of secondary aluminium spot sales giving producers a freer hand in raw material negotiations.
"A lot of people are taking the view that they
don’t need scrap, so they set the prices lower and
if they don’t get it, they don’t get
it," one ingot producer said. Producers have stocked enough
scrap metal to cover their contract sales, so a lack of spot
ingot buying has translated into a lack of nearby scrap demand.
"No [smelter] is running at 100%. If it comes at the right
price they will...
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 a premium subscription and benefit from more than 17 years of intelligence plus access to MB Company Data.
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.