Rise in aluminum premiums preferred to price run-up
Nov 07, 2012 | 11:11 AM
| Andrea Hotter
Tags
Alcoa,
aluminum,
premiums,
prices,
London Metal Exchange,
LME,
Chris Ayers,
Andrea Hotter
NEW YORK — An increase in aluminum premiums might be slightly more attractive than an equivalent rise in London Metal Exchange prices, but both would be very welcome developments, a senior Alcoa Inc. executive said.
Chris Ayers, head of global primary products at the Pittsburgh-based producer, said that a $100 rise in either premiums or LME prices would be a top-line movement to the firm. ....
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