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.

Read the full article: https://www.bloomberg.com/news/articles/2020-04-09/aluminum-market-caught-between-hope-and-a-wall-of-metal?sref=F8x6fn3z

By following this link, you exit Trafigura website to access a different website. Trafigura declines all responsibility for the content displayed on that site.