UNITED STATES January 11 2016 8:45 PM     

NEW YORK (Scrap Register): United States shredded scrap  prices continued to remain flat during the week ended January 01, while major US  aluminum scrap commodities weekly average prices on Scrap Register Price Index  also showed a flat trend.

According to TSI, US Midwest weekly shredded  index remained flat during the week at $170 a long ton (delivered mill).  

The outlook for January is still uncertain with some bullish  participants seeing an uptick of as much as $20 a long ton.

However,  others foresee the market remaining subdued with no significant movements  expected due to the lack of export activity.

The major aluminum scrap  commodities on the Scrap Register Price Index showed flat trend during the week.  

The weekly average scrap prices of Auto Wheels, 5052 Alum Clip, 6061  Alum Extrusion, 6063 Extrusion, Al/Cu Rad with Iron, Al/Cu Radiator, Alum  Breakage 50%, Alum Litho Sheets, Alum Old Sheet, Alum Rad with Iron, Alum  Radiator, Alum Transformer, Alum Transmission, Alum Turning and Mix Alum Casting  stayed stable during the week.