US aluminium scrap markets mixed

Aluminium scrap markets in the United States saw mixed movements over the past week, with gains on the London Metal Exchange boosting certain mill-grade scrap tags while smelter-grade prices held mostly firm despite some signs of wear.

Prices for 5052 segregated low-copper alloy clips and 3105 segregated low-copper alloy clips both inched up by a penny on Monday May 21, while mixed low-copper alloy clips moved a 1 cent per lb higher on the upper end of the range and painted siding was unchanged, according to American Metal Market’s latest assessment.

Market participants said that demand...

Published

May 23, 2018

02:19 GMT

Pittsburgh