The benchmark secondary aluminium alloy A380.1 price in the United States declined further on Thursday May 9, with alloy producers struggling to sell metal to disinterested die-casters, sparking steep discounts in the spot market.
Fastmarkets AMM's A380.1 price assessment narrowed to 79-80 cents per lb on May 9. That level has not been seen since early August 2009, situating the current price just a few months shy of a decade-low record.The price for A413.1 secondary aluminium alloy dropped by 2 cents week on week to 94-96 cents per lb on May 9, while that for A360.1 stepped down by 1 cent week on week, also to 94-96 cents per lb. The prices...