Aluminum shipments slip in weaker summer
Aug 16, 2012 | 02:46 PM
| Suzy Waite
NEW YORK U.S. aluminum shipments by service centers dropped nearly 6 percent in July from the prior month due to sluggish summer demand, although distributors remain optimistic about the second half of the year as lead times for aerospace alloys in particular remain long.
"July was slow, but were already seeing an uptick in August, and future bookings into September are significantly ahead of August," one aluminum service center source told AMM. "Generally speaking, things are good. This is a momentary ripple in what is otherwise a tsunami of good news." ....
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.