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Oversupply sees European secondary Al prices slip
March 28, 2014 - 14:42 GMT
European secondary aluminium prices slipped again on Friday March 28, as both ingot and scrap raw material prices remain pressured by oversupply.
DIN226 pressure diecasting ingot fell to €1,670-1,730
($2,299-2,382) per tonne, from €1,680-1,730
previously. "There’s pressure on the
market," a diecaster said. "We’re looking for
metal for May and June but I want to wait for one or two weeks
because I think prices will go down towards €1,600." There
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