18 JULY 2011steelguru.com
Pricing change happening in the alumina market
Edited by : AL CIRCLE
1 min read
The pricing revolution in the alumina market is gathering momentum, even if it hasn't grabbed the headlines in the same way as that in the iron ore market.
The pricing of alumina, the intermediate material in the production of primary aluminum is being forcibly decoupled from the metal price also in favor of index prices. The cast of producers forcing the pace of change is almost identical with BHP Billiton and Rio Tinto global heavyweights in both iron ore and alumina. Simply switch Alcoa in alumina for Vale in iron ore to complete the big three in each market.
The pricing of alumina, the intermediate material in the production of primary aluminum is being forcibly decoupled from the metal price also in favor of index prices. The cast of producers forcing the pace of change is almost identical with BHP Billiton and Rio Tinto global heavyweights in both iron ore and alumina. Simply switch Alcoa in alumina for Vale in iron ore to complete the big three in each market.
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