Aluminum billet spot deals slow as holidays near
Dec 12, 2011 | 12:41 PM
| Suzy Waite
Tags
Aluminum,
billet,
premiums,
producer,
Suzy Waite
NEW YORK — Spot deals for aluminum billet have slowed due to normal seasonality, market participants said, although at least one producer has seen a slight pickup in volumes ordered in December from customers who under-ordered in October.
Premiums have remained steady in a range of 10 to 12 cents per pound.
"It hasn’t changed a whole lot in the past few months," said a source at one billet producer that hasn’t done much spot business this month. "Generally, there’s not much spot available now historically." ....
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