LME dip weighs on US mill-grade aluminium scrap prices

Some mill-grade aluminium scrap prices in the United States inched lower with declines on the London Metal Exchange and limited spot demand, while smelter-grade prices maintained a steady footing.

Prices for 5052 segregated low-copper alloy clips and 3105 segregated low-copper alloy clips both slipped a penny on the low end of the range on Monday February 5, while mixed low-copper alloy clips and painted siding were unchanged, according to American Metal Market’s latest assessment.

Market participants...

Published

Bradley MacAulay

February 07, 2018

01:16 GMT

Pittsburgh