Aluminum can weather low LME prices: execs
Apr 10, 2013 | 03:19 PM
| Michael Cowden
ISLE OF PALMS, S.C. Years of recession and the lessons gleaned from those tough times have helped aluminum producers cope with current low prices on the London Metal Exchange, according to industry executives.
The aluminum industry has grown resilient after soldiering through five to six years of economic challenges, Jean Simon, president of primary metals at Montreal-based Rio Tinto Alcan Inc., said during a press roundtable at the Aluminum Associations spring meeting in Isle of Palms.
"We have learned to reorganize ourselves, look at our costs and work with our vendors ... to be sure that we are still in a good position to compete, because it is a global market. And especially in North America, there has been very good work on that side," he 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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.