European aluminium market lags USA on contract talks

摘要

European long-term aluminium business for next year remains constrained even as the mating season in the US sector gains pace, market participants said. "There's not much going on [in long-term contract business]. There's been a lot of talk since the Metal Bulletin conference in Paris but not a lot has been concluded," a producersaid. "Everyone is preparing for the worst. No one is interested in holding any stocks."