Fluctuating global prices and erratic downstream secondary aluminium consumption have market participants in Europe wondering how to manage risk through periods of volatility.
Fastmarkets' assessment of the aluminium pressure die-casting ingot DIN226/A380, delivered Europe was at ?,?2,010-2,040 ($2,391.04-2,426.72) per tonne Friday March 19, down from ?,?2,040-2,090 per tonne the week before."The movements are so strong, I don't see any logic," a secondary aluminium trader in Europe said. "Last month, even two weeks ago, everyone wanted deliveries and now everyone is...