The price for benchmark secondary aluminium alloy A380.1 rose to its highest point in nearly seven months on Thursday February 27, with firming scrap prices encouraging loftier-priced deals in the United States' secondary ingot market.
Fastmarkets' assessment of the aluminum alloy A380.1, delivered Midwest US price rose to 67-69 cents per lb on February 27, up by 1 cent from 66-68 cents per lb previously.Multiple deals within the new range were shared with Fastmarkets and deals below 67 cents per lb were no longer heard in the market.Some secondary...