Aluminum service centers continue to destock
Nov 17, 2011 | 01:26 PM
| Suzy Waite
NEW YORK Market sources believe that U.S. service centers will continue to destock aluminum next year, particularly if the price of aluminum remains low or decreases.
"I think shipments will hold up next year, and youll see inventory levels get lower," a source at one large distributor told AMM. "Service centers are absolutely watching inventory, no doubt about it. And if they have an opportunity to get it tighter, they will."
"There is a mindset of driving inventories as low as possible," another service center source said. ....
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.