This year's slide in aluminum prices may have made at least 25% of the world's smelters unprofitable, and could lead to a significant cut in production by 2012 Q1. The last cycle of cutbacks in 2009 signaled a bottom in the market, with aluminum prices rallying 37% in the following 6 months. ALUM -32% YTD.
This year's slide in aluminum prices may have made at least 25% of the world's smelters...
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