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NASAAC

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AcronymDefinition
NASAACNorth American Special Aluminum Alloy Contract


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On the latter front, it remains to be seen whether the rising aluminum prices dictated by such indexes as the LME NASAAC (North American Special Aluminum Alloy Contract) figure will help secondary smelter operators.
It offers metals price risk management tools including futures and options contracts for aluminium, copper, tin, nickel, zinc, lead, aluminium alloy and NASAAC, steel billet, plastics and soon cobalt and molybdenum.
While Dick and Rosengarten endorsed an increased use of the LME NASAAC contract for some scrap trading, Michael Lion of the Sims Group, Malibu, Calif.
 
 
 
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