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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (5865)1/22/2004 4:43:18 PM
From: mishedlo  Read Replies (2) of 110194
 
Compared to the other Alcan smelters in Quebec, the Jonquiere Soderberg plant has the highest production costs and faces the greatest environmental challenges. It is also one of the least energy efficient. The increase in the value of the Canadian dollar compared to the US currency over the last year contributed to this decision. This currency increase has been greater than the recent rise in the aluminum market price.

See, they need to cut MORE!

M
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