US aluminium scrap prices firm on tight supply

Prices of secondary aluminium scrap edged upward week on week in the United States as a result of tightening supply and growing spot demand, sources told Fastmarkets.

“I have had a lot of offers, but prices are way too high to have any margin,” one buyer said. Fastmarkets assessed the buying prices for old sheet, delivered to Midwest secondary smelters and old cast, delivered to Midwest secondary smelters at 45-47 cents per lb and 44-47 cents per lb respectively on Thursday October 8, up...

Published

Jenny Stewart

October 09, 2020

21:02 GMT

New York