Aluminum distributors report surpluses

Nov 27, 2012 | 05:18 PM | Suzy Waite

Tags  Service centers, Kaiser Aluminum, Jack Hockema, lead times, aerospace, 2000, 7000, 6000 Suzy Waite

NEW YORK — Aluminum service centers are reporting a surplus of certain products, with lead times for some alloys as short as two-and-a-half months.

Lead times for non-aerospace 2000- and 7000-series plate are between 10 and 12 weeks, sources said, while lead times for 6000-series plate are around 11 weeks.

One service center source told AMM that "2000 and 7000 non-aero plate is out there and 6061 plate is quite plentiful, too. There seems to be a lot of material out there. Some distributors are sending out surplus lists. That tells you that (mills) aren’t moving product as fast as they thought they were and things are slow." ....

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