June 2012

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday:

European secondary aluminium market caught in scrap trap

The European secondary aluminium market continues to suffer from both scarcity and high prices in scrap, as well as waning demand, leading to squeezes on producers’ margins.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday:

UK aluminium scrap prices drop on lower volumes

UK aluminium scrap prices slipped again on Wednesday June 27, as further falls in London Metal Exchange aluminium prices and lower demand saw scrap dealers accepting cheaper offers.

Aluminum wheels eyeing summer dip

Aluminum wheel prices could be heading for a downturn over the summer, some traders are predicting, although the market currently continues to trade at a premium to the London Metal Exchange’s aluminum cash price.

Aluminum alloy from Indonesia harms US: Skana

Skana Aluminum Co. claims that Indonesian aluminum plate, sheet and strip is harming U.S. producers and does not warrant preferential Generalized System of Preferences (GSP) duty-free status.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday:

European secondary aluminium prices flat as producers consider summer

European secondary aluminium prices stayed flat on Friday June 22, as producers across the continent faced varying prospects for the summer period according to the health of their local economies.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday:

UK aluminium scrap prices fall as export markets remain shut

UK aluminium scrap prices fell across the board on Wednesday June 20, as sellers continued to push material into an oversupplied domestic market.