What is the US A380 Secondary Aluminum Alloy Price?
Platts assesses the US price for A380 alloy along with 5 other secondary aluminum alloys. These are alloys made predominately of scrap material, to meet very tight specifications suitable for diecasting or foundry applications.
A380 alloy is mostly used in automotive applications, and motorcycles, but also in recreational vehicles, lawn equipment, handtools, telecommunications, industrial and outdoor lighting, office equipment, barbeque grills, escalators and housewares.
The flagship Platts A380 secondary aluminum alloy price assessment was launched in July 1992 at the request of US automotive consumers, who were looking for an independent published index that would more accurately reflect the actual transaction price between secondary smelters and parts makers, for valuing the aluminum in the automotive parts.
The price assessment reflects the spot transaction price for US A380 specification secondary alloy with chemistry to meet 8-9.5% Si, 1% Fe, 3-4% Cu, 0.5% Mn, 0.1% Mg, 0.5% Ni, 2.9% Zn, and 0.35% Sn.
The specification is for new A380 produced by secondary smelters and sold to diecasters, delivered US Midwest within 30 days, for 45,000 lb truckload quantities and payment terms of net-30 to net-60 days.