Aluminum and Industrial Metals Show Weakness

Alcoa helped to rattle global industrial metals markets today by announcing that it would “permanently” shutter or close about 12% of its smelting production capacity to try and bolster falling aluminum prices (by reducing industry capacity). One of the challenges in understanding what is happening worldwide with regard to industrial metals is to see new production that has come online in [This content is for MEMBERS ONLY. Please click Subscribe in the upper right corner to continue.]

Posted by karen on Jan 6 2012. Filed under Metals, Raw Materials. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry