Aluminum billet market upbeat on 2013

Nov 08, 2012 | 03:49 PM | Suzy Waite

Tags  aluminum, billet, Presdient Obama, automotive, solar energy, wind energy, Suzy Waite

NEW YORK — Aluminum billet producers and consumers are fairly upbeat heading into year-end as most of their 2013 contract business is booked and demand is expected to remain reasonably robust next year on the back of strong automotive markets and a recovering building and construction sector.

Tight supply has meant producers have successfully raised contract premiums for next year by 2 and 3.25 cents per pound (amm.com, Sept. 27), with producers and consumers confirming to AMM that they had locked in business at 12 cents per pound for next year.....





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