Chinese Aluminum Scrap Price Shifts Up 1.5%

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On April 2, 2013, Chinese aluminum scrap prices rose 1.5 percent to finish as the day’s biggest mover.

current aluminum prices - MetalMiner IndXThe cash price of Chinese aluminum flattened after two days of downward movement. The price of Chinese aluminum bar continues hovering in place for the fifth day in a row. Chinese aluminum billet saw little change in its price yesterday.

Tuesday saw the Indian aluminum cash price drift down 1.1 percent after a couple of stagnant days.

On the LME, the aluminum 3-month price held steady around $1,910 per metric ton. On the LME, the primary aluminum cash price saw little movement yesterday at $1,881 per metric ton.