Mexican aluminum scrap prices fall further as ongoing oversupply and weak peso weigh on market

摘要

Mexican aluminum scrap pricesfell further this week as the oversupply seenfor several weeks continued to weigh on themarket.S&P Global Platts assessed old cast, oldsheet and UBC prices all down Peso 0.25/kgon Thursday. Old cast fell to Peso 29.25-30.25/kg (which converts to 70.213-72.613cents/lb); old sheet was assessed at Peso26.5-27.5/kg (63.612-66.012 cents/lb), andUBCs were Peso 28.25-29.25/kg (67.812-70.213 cents/lb).