US aluminium scrap prices get boost, but demand soft

摘要

US mill-grade aluminium scrap prices have been pushed higher bysubstantial gains on the London Metal Exchange, although the effectswere muted by year-end inventory management and reducedappetites for material.“It’s the same old, same old. [We’re] comfortable with scrapinventory levels,” one consumer source said, noting that mills arepreparing for maintenance shutdowns in November and December.