Aluminum Market Caught Between Hope and a Wall of Metal
Published on9 Apr 2020
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.