Aluminum Market Caught Between Hope and a Wall of Metal
Aluminum prices are collapsing and excess inventories are rising fast, but the market isn’t yet facing the crisis that ravaged the industry in 2008. “We’re not seeing a sense of panic,” Philippe Mueller, head of aluminum trading at Trafigura Group, said. “Trafigura is supporting its long-term suppliers by accepting some additional volumes in the short term.”
This article was originally published by Bloomberg on the 9 April 2020.
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