Jun 21, 2006 10:30 AM

Demand for aluminum in the United States rose almost 7% in May, according to Harbor Intelligence.

 At the same time, daily average primary aluminum slipped 2%.

 “In annual terms output is still losing dynamism,” the company says.  “The rate of growth fell from 5.3% in December, 4.5% in February, 2.7% in March and 2.5% in April to 1.9%. Nonetheless, including China, daily output remaining flat in monthly terms.  It is down in annual terms to 5.5% from 5.8% in April.”

 The implication:  continued high aluminum prices.

Want to use this article? Click here for options!
© 2008 Penton Media Inc.