LME Aluminium Alloy and Aluminium Ingot Price Levels

[COLOR=rgba(0, 0, 0, 0.701961)]How much of a premium to LME prices are end users of Aluminium Alloy Ingot and Primary Aluminium Ingot paying per metric ton, percentage wise?



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What area? The current premium in the Midwest is around 7 cents per lb. LME is around 67 cents per lb.

Originally Posted by bajacoop

What area? The current premium in the Midwest is around 7 cents per lb. LME is around 67 cents per lb.

.67 cents per pound is the price for Aluminum. The Aluminum Alloy is priced at about .75 cents per pound.
See: http://www.lme.com/en-gb/metals/non-...uminium-alloy/

I'm located in the south west.

I have the following Ingots by the truckload:
[COLOR=rgba(0, 0, 0, 0.701961)]LM6/A413[/COLOR][COLOR=rgba(0, 0, 0, 0.701961)]LM24/A380[/COLOR]
[COLOR=rgba(0, 0, 0, 0.701961)]ADC12/383

According to this site these alloys are selling at a big time premium: Metal Prices - Foundry Trade Journal


Im new to the industry, trying to figure out how to price aggressively to attract big buyers.[/COLOR]

Wondering about aluminum prices in the southwest but then post pricing from a London magazine??????

Originally Posted by bajacoop

Wondering about aluminum prices in the southwest but then post pricing from a London magazine??????

It was the only source that listed the prices for the alloys I have. Could the added premium for these alloys in the UK really be that much more than in the U.S.?

I don't know what alloys you have but most aluminum alloys are going be a few cents per lb more than LME and that's about it. All the alloys that you listed are specialty die cast alloys with very low iron contents and already have silicon, magnesium, etc added. Those prices are going to be for a foundry grade ingot that has been, degassed, filtered, and packaged in standard size ingots and bundled.

Originally Posted by bajacoop

I don't know what alloys you have but most aluminum alloys are going be a few cents per lb more than LME and that's about it. All the alloys that you listed are specialty die cast alloys with very low iron contents and already have silicon, magnesium, etc added. Those prices are going to be for a foundry grade ingot that has been, degassed, filtered, and packaged in standard size ingots and bundled.

That is what I have. Die cast alloys with silicon, magnesium, etc added, packaged and bundled in standard size ingots and bundled. I have the ability to supply 320 metric tons of month but cannot find any buyers. Who buys this stuff? I call Extruders and they say they only buy billets. I call foundry's and they say they only buy sheets.