US aluminium scrap prices firm on robust demand

Aluminium scrap prices in the United States continued to be underpinned by robust demand domestically and overseas, while futures prices on the London Metal Exchange remained high.

Healthy business activity, particularly in the non-automotive side of the sector, pushed up some secondary smelter grades week on week, with the Fastmarkets assessment of 1-1-3 sows edging a penny either side to a range of 71-73 cents per lb on Thursday September 30 from 70-72 cents per lb the week prior. Market participants reported that grades like twitch and zorba were also supported by an increase in export interest, but noted that securing containers to ship material remained an...

Published

Sean Barry

October 01, 2021

18:13 GMT

Tampa, Florida