Producer sentiment lifts in UK secondary aluminium market

UK secondary aluminium ingot prices remained unchanged on Wednesday December 19, but producer sentiment improved following indications of better prices in Europe.

“Prices are €40-50 ($53-66) higher in Europe and there is also the benefit of a stronger euro,” a producer said. “There’s been a lot of doom and gloom in Europe, but we’re starting to see more realistic prices in the market.”

Business volumes sank as the market wound down towards the end of the year, with LM24 pressure die-casting ingot...

Published

Jethro Wookey

December 19, 2012

16:25 GMT

London