Certain smelter-grade aluminium scrap prices continued to see upward momentum at the start of the week amid spot buying activity - possibly driven by the upcoming holiday period - and supply-side tightness, but some sources said the increases may be short-lived.
"We continue to buy various items - not huge quantities, but loads from our regular suppliers... I heard there was a tightness in the scrap availability," one consumer said, although that source noted that the tightness hadn't yet affected business. "This typically is a slower time with the holidays and...