Aluminium scrap will be a big issue for secondary smelters in 2014

UK secondary aluminium producers are preparing for a difficult scrap market in 2014, with tightness expected across international markets and no expectations of lower prices to come.

“Scrap will be an issue next year – we’re trying to maintain sensible stock levels until the new year, but when we come back [after the holidays] it will be tight,” a producer said. “At the moment I can buy what I want, but if I try and push prices down I don’t get it.” While some material is hidden from the market by dealers that are holding it back in anticipation of higher prices to come, it is not enough cover the expected shortfall across...


Jethro Wookey

October 30, 2013

17:15 GMT