Magnesium contract talks in full swing
Nov 05, 2012 | 02:59 PM
| Suzy Waite
NEW YORK Mating season has kicked off for magnesium producers and consumers looking to lock up next years supply.
"This is the time we all live for," one supplier told AMM. "Weve had a lot of big people come out. They want to get things done and wrapped up."
One consumer source said his company has already secured most of the material it requires for 2013. "Weve done most of our business for next year," he said.
However, not all of 2013 material has been contracted, according to one trader. "Were talking to a couple of intermediate players in the aluminum market, but (mating season) really has just commenced," he said.....
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