US aluminium scrap demand steady, export sluggish

Continued demand for aluminium scrap in the United States boosted prices of some grades of material week on week, but difficulties in finding labor and shipping containers - as well as rising ingot manufacturing costs - put pressure on the wider market.

Fastmarkets’ assessment of the buying prices for mixed low copper clips, delivered Midwest secondary smelters, mixed high copper clips, delivered Midwest secondary smelters and mixed high zinc clips, delivered Midwest secondary smelters rose to 74-77 cents per lb (up by 2.5 cents at the midpoint), 70-73 cents per lb (up by a penny) and 66-69 cents per lb (up...

Published

Jenny Stewart

July 16, 2021

21:41 GMT

New York