Aluminium scrap stable in Europe even against LME Al moves

Aluminium scrap prices in Europe have been stable over the past month even as London Metal Exchange aluminium prices have fluctuated, as the supply situation has weighed on the market.

“Scrap is not moving. It didn’t move when the LME price went down and it’s not moving now,” a secondary aluminium producer said. Three-month official LME aluminium prices have traded...

Published

Jethro Wookey

August 09, 2013

14:21 GMT

London