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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: H James Morris who wrote (570)7/23/2001 12:29:07 AM
From: craig crawford  Read Replies (1) of 1643
 
>> Aluminum needs to be looked at too <<

yes, i've posted numerous articles about aluminum on the thread. i'm interested in all the metals.

>> The enormous cost of energy is causing Aluminum plants to shut down. <<

yup, although economic weakness is cutting demand faster. but eventually demand will come back and supply won't come back as fast, so there will be opportunity.

>> Maybe that's why Alcoa hasn't been whacked as bad as tech. <<

well unfortunately for most aluminum companies demand has sunk faster than supply so aluminum prices have slid like most everything else. i think inventory levels are the highest since 1980. alcoa has benefited from cost cutting and selling electricity to support their earnings. other aluminum companies like alcan haven't fared as well.
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