Prices of US export aluminum scrap fas US port decreased on most grades on Thursday.
The Davis Index for 99/3 Zorba decreased to 44.2¢/lb fas US ports, from 44.5¢/lb fas last week, while 95/2 Zorba decreased by 4¢ to 37.7¢/lb fas US ports on Thursday.
The index for Taint/Tabor decreased to 41.1¢/lb fas US ports from 41.7¢/lb fas with Tense leveling off at 41.6¢/lb fas US ports, up somewhat from 41.4¢/lb fas on March 11.
The official three-month LME aluminum price decreased by $27/mt to $1,630/mt on Thursday from $1,657/mt on March 12.
Getting quotes on some grades is becoming more difficult as the market tries to gauge the impact of COVID-19-related shutdowns and closures, amid news of at least two terminals in Houston’s port shutting down on Thursday after a port employee tested positive for the virus.