Laserfiche WebLink
<br />levels implies locking in at 40 percent below last year's price average, which is at the lowest level <br />since 2003, and below the average cash cost of producing aluminum at a time when supply has <br />been curtailed considerably (though not sufficiently) and when demand potentially faces the <br />strongest underlying outlook ever given its sharp deviation vs. its own long-term trend and the <br />unprecedented global monetary and fiscal stimuli. <br /> <br />Still, be aware that we don't have enough conditions to call for a bottom and that, technically <br />speaking, we are still heading toward $1,425 per metric ton (65 cents per pound) and probably <br />lower <br />