US aluminium scrap prices mixed; demand outlooks vary

Prices for smelter-grade aluminium scrap were mixed on Thursday December 2, with market sources citing differing factors affecting pricing during the week.

Markets “are now being influenced by the new Covid variant, in addition to the typical year end and holiday schedule,” one market source said on December 2. Fastmarkets' assessment of aluminium scrap mixed low copper clips, buying price, delivered Midwest secondary smelters fell by 4 cents during the week. Fastmarkets assessed the price at 72-76 cents per lb on December 2, down from 76-80 cents per lb previously. However, some grades still showed signs of...

Published

Kirstyn Petras

December 03, 2021

21:54 GMT

Houston