Aluminum billet producers say spot inquiries up

Jan 16, 2013 | 04:48 PM | Suzy Waite

Tags  aluminum, aluminum billet, Alcoa, ABI, Aluminerie de Becancour, United Steelworkers union, extruders, Suzy Waite

NEW YORK — Aluminum billet producers this week reported an uptick in calls from consumers seeking metal.

AMM’s spot billet premiums remain in a range of 11 to 13 cents per pound on sales of about 2,500 tonnes of metal.

"Calls are coming in now. It was light (last week), but now bookings are coming in. I’d say we’ve got three or four spot quotes out there that we’ll probably get," one producer told AMM.

"I’m starting to get calls this week for people looking for metal," a second producer said. "Most of the extruders I’ve talked to have had good bookings and are comfortable with where business is."....

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