Most EU smelters to shut by 2015: analyst

Jan 14, 2014 | 03:59 PM | Michael Cowden

Tags  Citigroup, David Wilson, aluminum smelting, European Union capacity, electricity, aluminum, Michael Cowden

FORT LAUDERDALE, Fla. — The days of primary aluminum smelting in Europe might be numbered despite the region being a top destination for finished aluminum products, one analyst said.

The stark possibility is due to excessive regulation, including strict labor and environmental laws, and high energy costs that have made smelting in Europe prohibitively expensive, David Wilson, director of metals research and strategy at New York-based Citigroup Inc., said.....

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