European aluminum talks seen running into 4th qtr.
Sep 04, 2013 | 01:12 PM
| Jethro Wookey
LONDON European aluminum consumers expect 2014 supply negotiations to extend into the fourth quarter, well beyond AMM sister publication Metal Bulletins International Aluminum Conference in Geneva, Switzerland, later this month, due to uncertainty over premium levels.
"Normally we book all volumes that are strategically important at the conference, but we might take a different approach this time," one consumer said.
This year, falling premiums will stay consumers hands. The London Metal Exchanges proposed changes to warehouse load-out rates have caused those warehouses offering incentives for metal deliveries to slash their offers, and premiums have started to follow.....
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.