UBC supply tightens; can demand returns
Nov 09, 2011 | 03:44 PM
| Thorsten Schier
NEW YORK A pickup in demand for aluminum can body stock after a slight pullback earlier in the year has led to a tightening of supply in the North American used beverage can (UBC) sector, a top Novelis Inc. executive said Wednesday.
"We went through a period post-debt ceiling (debate) where there was a shakiness in consumer confidence. Weve seen demand stabilize and are seeing some additions to the order book," president and chief executive officer Philip Martens said during the companys quarterly earnings conference call, adding that Novelis shipments of can body stock also were impacted during the quarter because one of its key distributors didnt repeat a year-earlier promotional campaign.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.