US secondary aluminium alloy prices fall in competitive market

The benchmark secondary aluminium alloy A380.1 price in the United States declined further on Thursday May 9, with alloy producers struggling to sell metal to disinterested die-casters, sparking steep discounts in the spot market.

Fastmarkets AMM’s A380.1 price assessment narrowed to 79-80 cents per lb on May 9. That level has not been seen since early August 2009, situating the current price just a few months shy of a decade-low record. The price for A413.1 secondary aluminium alloy dropped by 2 cents week on week to 94-96 cents per lb on May 9, while that for A360.1 stepped down by 1 cent week on week, also to 94-96 cents per lb. The prices...

Published

Michael Roh

May 10, 2019

22:48 GMT

New York