US mill-grade aluminum scrap prices drift lower

By Bradley MacAulay / June 19, 2018 / www.metalbulletin.com / Article Link

Mill-grade aluminium scrap prices in the United States have edged lower following declines on the London Metal Exchange, while most smelter-grade scrap prices maintained a steady footing.

Prices for mill-grade aluminium scrap fell by 2 cents per lb across the board on Monday June 18, while the price for used beverage cans also dropped by 2 cents, according to American Metal Market's latest assessment.The assessment for aluminium-copper radiators lost 2 cents at the lower end of the range, although all other smelter-grade scrap tags were unchanged.Mill-grade scrap prices have been under pressure over the last few weeks...

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