11 OCTOBER 2012Sacbee.com
Aleris to Discontinue Use of NASAAC Index in Aluminum Pricing
Edited by : AL CIRCLE
1 min read
Aleris today announced it will no longer supply multi-month pricing mechanisms that utilize the North American Special Aluminum Alloy Contract (NASAAC) Index as a basis for 2013 pricing.
Aleris is opting to use other indices and mechanisms that provide a better and closer correlation to the cost of aluminum scrap used in the products it offers to its specification alloy and recycling customers.
A global leader in aluminum rolled and extruded products, aluminum recycling and specification alloy manufacturing, Aleris products are used by manufacturers in almost every industry. Headquartered in Cleveland, Ohio, the company has approximately 7,300 employees and currently operates 41 production facilities in North America, Europe and Asia.
Aleris is opting to use other indices and mechanisms that provide a better and closer correlation to the cost of aluminum scrap used in the products it offers to its specification alloy and recycling customers.
A global leader in aluminum rolled and extruded products, aluminum recycling and specification alloy manufacturing, Aleris products are used by manufacturers in almost every industry. Headquartered in Cleveland, Ohio, the company has approximately 7,300 employees and currently operates 41 production facilities in North America, Europe and Asia.
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