European secondary aluminium prices rise as producers take a stand

European secondary aluminium ingot prices rose on Friday November 25, as producers turned down bids at lower levels to combat razor-thin margins.

DIN226 pressure diecasting ingot rose to €1,550-1,640 ($1,635-1,731) per tonne from €1,530-1,620 previously, with many producers turning down business below €1,600 per tonne. 

“We’ve taken that direction – we won’t sell below €1,600 even if we...

Published

Jethro Wookey

November 25, 2016

17:31 GMT

London