US Shredded Scrap prices remain flat; Aluminum scrap prices stay stable

UNITED STATES September 03 2015 6:12 PM

NEW YORK (Scrap Register): United States shredded scrap prices remained flat during the week ended August 21, while US aluminum scrap prices on Scrap Register Price Index stayed stable.

According to TSI, US Midwest shredded index remained flat at $238 a long ton (delivered mill) the week. 

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US participants will be watching export activity closely with regards to whether the Yuan has an impact on material heading out of both east and west coasts.

As per Scrap Register Price Index, United States aluminum scrap commodities also showed a flat trend during last week. 

The scrap prices of 356 Auto Wheels, 5052 Alum Clip, 6061 Alum Extrusion, 6063 10-10 Extrusion, Al/Cu Rad with Iron, Al/Cu Radiator, Alum Breakage 50%, Alum Litho Sheets, Alum Old Sheet traded almost flat during last week.

(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)