US A380.1, 356.1 secondary alloy prices yield to sustained LME weakness

The price ranges for A380.1 and 356.1 secondary aluminium alloy edged down on Thursday January 3, pressured by persistent weakness in London Metal Exchange aluminium prices.

Fastmarkets AMM’s benchmark A380.1 price fell by 1 cent on the low end and 2 cents on the high end to 85-86 cents per lb on Thursday, its lowest level since February 2017. The assessment for 356.1 alloy slipped by a penny overall to $1.07-1.09 per lb on January 3. Spot transactions were thin during the week, with...

Published

Michael Roh

January 04, 2019

22:02 GMT

New York