Aluminum billet demand inches higher
Mar 01, 2013 | 01:07 PM
| Michael Cowden
Tags
billet,
billet premium,
extrusion,
building,
construction,
transportation,
recreational vehicles,
RVs
aluminum
CHICAGO — Demand for aluminum billet has improved modestly in the run-up to spring, according to market sources.
Some players in the North American billet market said the increased activity appears to be the result of customers looking to lock-in material at low prices on the London Metal Exchange, where cash aluminum prices have held below the symbolic $2,000-per-tonne mark for four days now.
Others chalked up brisker business to improving demand across a number of major end-use segments, from building and construction to the recreational vehicle (RV) sector.
"The curtainwall guys are going nuts right now," one billet producer said. Curtainwall, often made from aluminum, is used to frame glass on the outside of buildings. While the building and construction industry overall might be far from robust, certain sectors of it are "coming out of the basement," the producer said.....
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