Author: 28 Mar 2011 Last updated at 01:42:42 GMT

Aluminum prices to reach US$3,000/ton in 2011

MOSCOW (Scrap Monster): United Company Russian Aluminum (UC RUSAL), the world's largest aluminum producer indicated that the aluminum prices are expected to reach US$3,000/ton by the end of this year, affected by Japan’s earthquake and North Africa’s unstable political situation.

Maxim Sokov, the director of UC RUSAL indicated that the aluminum prices would reach US$3,000/ton by the end of this year and the aluminum average prices would be at US$2,600/ton this year.

Sokov further said that the Aluminum Exchange Traded Funds (ETF) would launch to the market in this Q2, Yieh Corp reported.

 

METAL PRICE CHARTS

GET PRICE CHARTS

18ct Gold Scrap Price Charts

14ct Gold Scrap Price Charts

22ct Gold Scrap Price Charts

RELATED NEWS

Tokyo steel lowers scrap purchasing prices

March 3rd 2015 07:38 AM
Tokyo steel lowers scrap purchasing prices
The country's top producer of H-beams- Tokyo Steel has announced further cut of

Fiji announces one-year extension to ban on non-ferrous scrap metal trade

March 2nd 2015 08:35 AM
Fiji announces one-year extension to ban on non-ferrous scrap metal trade
The island country of Fiji has decided to extend the ban on non ferrous scrap metal trade by another year

Amended metal recycling bill passes committee

February 27th 2015 12:43 PM
Amended metal recycling bill passes committee
After amending a bill that would have gutted local health departments' efforts to regulate scrap-metal yards

Japanese H2 scrap average prices drop for tenth week in a row

February 27th 2015 07:31 AM
Japanese H2 scrap average prices drop for tenth week in a row
The average price of Japanese H2 scrap declined further during the fourth week of February this year
Scrap Item Price Unit
6063 Extrusions 0.79 $US / Lb
Zorba 90% NF 0.66 $US / Lb
6061 Extrusions 0.76 $US / Lb
Old Sheet 0.60 $US / Lb
Al/Cu Radiators 1.41 $US / Lb
Old Cast 0.62 $US / Lb
Next Story