LME Prices of Aluminum Declines in the scrap metal market
Following two days of increases on the LME, the aluminum cash price dropped by 1.7 percent to end at $2,086 per metric ton on Feb. 19, 2013. The aluminum 3-month price changed direction with a 1.6 percent drop. After two days of improving prices, the metal finished at $2,130 per metric ton on the LME.
The cash price of primary Indian aluminum saw a 0.5 percent decline.
Chinese aluminum closed mixed yesterday. The cash price of Chinese aluminum fell 0.3 percent. The price of Chinese aluminum scrap was unchanged. The price of Chinese aluminum billet saw essentially no change for the fifth day in a row. The price of Chinese aluminum bar saw little movement.
European secondary scrap prices are increasing constantly
Next articleUK secondary aluminium ingot prices rise on continental pressure
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