| The secondary aluminum market is divided even as nonferrous auto shred prices jumped 4 cents per pound last week after a big drop in U.S. ferrous scrap tags tightened up the supply of shredded scrap, some market sources said.
While scrap buyers at secondary aluminum alloy plants said other aluminum scrap tags were flat, some nonferrous auto shred prices—also known as twitch—spiked to 83 to 85 cents per pound from a prior range of 79 to 81 cents per pound.............................................Full Article: Source
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