The surge in the price of copper is making it profitable for manufacturers to retool in order to...

|By:, SA News Editor

The surge in the price of copper is making it profitable for manufacturers to retool in order to use aluminum. Given current pricing, Alcoa (AA) estimates aluminum could end up being substituted for 20% of worldwide copper usage vs. 4-5% currently. JJC +24.4% Y/Y, JJU +3.1% Y/Y.