Smelter-grade aluminium scrap prices remained largely unchanged on Thursday February 8, according to American Metal Market’s latest assessment, while those for old sheet, old cast and mixed-low copper clips each rose by 1 cent per lb.
Market participants attributed the bump up in prices primarily to weather- and trucking-related issues
that are crimping some obsolete scrap flows.
“We’re fighting trucking and fighting weather. It’s quiet and we’re a little tight on scrap, but that’s because we’re running full steam every day. The industrial scrap...