UNITED STATES December 02 2015 3:34 PM
NEW YORK (Scrap Register): United States shredded scrap prices stayed flat during the week ended November 20, while major US aluminum scrap commodities weekly average prices on Scrap Register Price Index stayed flat.
According to TSI, US Midwest weekly shredded index remained flat the week at $166 a long ton (delivered mill). Small parcels were concluded midmonth at sideways prices as the market looked towards December buy-week.
Recent strength in the Turkish import market does not seem to have changed the overarching sentiment in domestic markets too much, especially considering Turkish mills have now largely retreated from the market.
The major aluminum scrap commodities on the Scrap Register Price Index stayed stable during the week. The weekly average scrap prices of 356 Auto Wheels, 5052 Alum Clip, 6061 Alum Extrusion, 6063 Extrusion, Alum Litho Sheets, Alum Old Sheet, Alum Rad with Iron, Alum Radiator, Alum Transformer, Alum Transmission, Alum Turning and Mix Alum Casting remained flat during the week.