Aluminium scrap prices mixed in quiet US market

Some aluminium scrap prices in the United States slipped over the past week, with the majority unchanged from the previous week, due to muted market activity and a lack of demand, sources said on Thursday September 5.

Fastmarkets' assessment of the aluminium scrap non-ferrous auto shred (90% Al) buying price, delivered to Midwest secondary smelters, was at 38-40 cents per lb on September 5, narrowing downward by a penny from 38-41 cents per lb one week earlier. The aluminium alloy A380.1, delivered Midwest, price deteriorated further on Thursday to 63-67 cents per lb from 64-68 cents per lb previously - a more than 10-year low. “The secondary markets and extrusion markets are particularly weaker with demand falling off,” one seller said. “The other primary markets...

Published

Elizabeth Ramanand

September 06, 2019

21:57 GMT

New York