Aluminum Glut

A piece in the Financial Times on corona causing aluminum glut. Worth a read. In general, a big metals glut is under way.

Thats a 'Subscriber only' item unfortunately. What i did read of it was interesting.

Heres a link where you might find some info, both old & new.
https://www.australianmining.com.au/...inium-smelter/
NZ shut down a potline (50+ tons of Aluminium a day ) a week ago I think.

For lack of a better word ... i wonder if this is going to " toggle " the supply chain when we get on the back side of this disruption ?

It might go something like this ?

1: Corona-19 event

2: Global economic depression

3: Gradual economic recovery as they start up the machinery again. Temporary gluts and shortages until the supply chain gets up and running smoothly again. That would make commodities drop way low and shoot way high depending on supply & demand ?


On the other hand it could go disease, famine, and eventually world war three. There's a lot of demand for scrap metals during wartime. That would help prices.

United States of America

Im still trying to make sense of this. Take a quick look.