UNITED STATES November 09 2015 3:29 PM     

NEW YORK (Scrap Register): United  States shredded scrap prices remained flat during the week ended October 23,  while major US aluminum scrap commodities prices on Scrap Register Price Index  continued to remain flat.

According to TSI, US shredded prices held  steady at $181 a long ton (delivered Midwest mill) the week, though buyers have  already begun talking down the market for November buys.

Similarly,  dealers remain pessimistic of achieving sales at current levels, however, they  do not expect scrap prices in the next buy week period to collapse by the same  magnitude as they did earlier this month.

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 the week.