Aluminum billet inquiries rise ahead of holiday
Jun 28, 2012 | 01:29 PM
| Suzy Waite
Tags
Aluminum,
billet premiums,
Alcoa,
Norsk Hydro,
Suzy Waite
NEW YORK — Aluminum billet producers have reported a rise in inquiries ahead of the July 4 holiday, but capacity constraints have prevented most suppliers from taking advantage of the high level of interest.
Spot billet premiums remained firm at between 12.5 and 13.5 cents per pound this week, with some producers maintaining they would not consider selling below 13 cents.
"Premiums are higher than I’ve ever seen them before," a billet consumer said, calling the market "tight."....
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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here