ALUMINIZED SHEET Too tiny a niche for Wall Street to watch? Think again
Dec 01, 2007 | 01:24 PM
The North American market for aluminized sheet products is so small that it largely goes unwatched by the analyst community. At only 700,000 tons to 780,000 tons annually, it is a niche market that ebbs and flows based in large degree on consumer spending.
As such, demand for aluminized sheet moves almost in concert with the U.S. housing market, since it is often used in applications where heat resistance is of key importance appliances, cookware and barbecue grills. As the housing market moves up or down, so does the aluminized sheet market.
Aluminized sheet also is used in automotive applications, primarily in catalytic converters and other exhaust system parts in cars and light trucks. Thus, the strength or weakness of the market also depends a great deal on the number of vehicle builds in North America in a given year.....
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