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9, 2012 /PRNewswire/ -- Aleris today announced it will no longer supply multi-month pricing mechanisms that utilize the North American Special Aluminum Alloy Contract (NASAAC) Index as a basis for 2013 pricing.
In January of 2006, producers of secondary aluminum in particular were charging more for many of the alloys they make from aluminum scrap, and the London Metal Exchange North American special aluminum alloy contract (NASAAC) reflected the trend with record pricing.
The LME unveiled the North American Special Aluminum Alloy Contract (NASAAC) in early March.