Aluminum in surplus as US demand slows

Nov 29, 2007 | 08:24 AM | Matthew Lerner

Aluminum markets showed a third-quarter surplus as demand slowed in the United States and Europe but continued to grow in emerging markets, according to Paul Williams, CRU International Ltd. aluminum semis research manager.

"CRU believes that the primary market moved into surplus in the third quarter, although stocks on a day's consumption basis remain relatively low," Williams said in a report for the Aluminum Association, Washington.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center