Foreign demand boosts US aluminium scrap prices

摘要

Most aluminium scrap prices rose in the United States this past week, and one of the biggest movers was aluminium-copper radiators, which found support from increased buying interest and higher Comex copper prices. Fastmarkets’ assessment of the aluminium-copper radiators buying price, delivered to Midwest secondary smelters, jumped to $1.24-1.28 per lb on Thursday January 16, up by 5 cents from $1.19-1.23 cents per lb one week earlier. The most-actively traded March-delivery Comex copper contract settled at $2.847 per lb on January 16, up from $2.802 per lb one week earlier.