Scrap aluminium wheel prices dip 1 cent

Scrap aluminium wheel prices have weakened in October, with several suppliers noting that consumers are reducing purchasing activities in an effort to normalise inventory levels.

Free-market transaction prices for 356.1 wheels are between 82 and 84 cents per lb compared with 83 and 85 cents on October 9, according to traders. Consumer interest has fallen over the past two...

Published

This article was first published by AMM

October 30, 2013

11:07 GMT

New York