The day’s biggest mover was the cash price of primary Indian aluminum which dropped by 0.9 percent on Jan. 17, 2013.
The cash price of primary aluminum saw a 0.6 percent decline on the LME to $1,990 per metric ton. The aluminum 3-month price weakened by 0.4 percent on the LME, settling at $2,032 per metric ton.
Chinese aluminum billet prices saw a 0.3 percent decline. The Chinese aluminum cash price fell 0.3 percent. The price of Chinese aluminum scrap saw little movement. For the fifth consecutive day, the price of Chinese aluminum bar held flat.