Billet market awaits outcome of ABI labor talks

Nov 28, 2012 | 05:08 PM | Suzy Waite

Tags  Aluminum billet, Alcoa, ABI, Aluminerie de Becancour, United Steelworkers, USW, Suzy Waite

NEW YORK — North American aluminum billet producers and consumers are awaiting the outcome of labor contract discussions between Alcoa Inc. and the United Steelworkers union at the Pittsburgh producer’s Aluminerie de Bécancour (ABI) smelter.

Alcoa and the union had yet to reach an agreement Wednesday despite the passing of an extended deadline of Nov. 27.

If an agreement is not reached and some 900 workers at the 400,000-tonne-per-year smelter go on strike or are locked out for a prolonged period, North American billet supply will be affected, according to producers and traders. ....

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