The "spot" price of aluminum has bounced around 65 to 70 cents for several
months. Who pays that? Do you have to buy a trainload at the Alcoa mill?
Local distributors like Hadco and Alro want over double that for bar stock
for orders in multiple $1000s.

"Richard J Kinch" wrote in message
. ..
The "spot" price of aluminum has bounced around 65 to 70 cents for several
months. Who pays that? Do you have to buy a trainload at the Alcoa mill?
Local distributors like Hadco and Alro want over double that for bar stock
for orders in multiple $1000s.

I get it at the spot price. My son's company has a semi or two of metal come
in every morning. They sell to their employees at cost.

Karl

I believe that the spot price relates to 20 tonnes of ingots delivered only
to certain nominated cities.

http://www.metalprices.com/lme_speci...loy_nasaac.htm

It is effectively (but not actually) the price Alcoa is paying for its semi
processed raw material.
The extra price you pay is to cover making it into a product and shipping it
to you.



"Richard J Kinch" wrote in message
. ..
The "spot" price of aluminum has bounced around 65 to 70 cents for several
months. Who pays that? Do you have to buy a trainload at the Alcoa mill?
Local distributors like Hadco and Alro want over double that for bar stock
for orders in multiple $1000s.

On Jun 4, 1:14*am, Richard J Kinch wrote:
The "spot" price of aluminum has bounced around 65 to 70 cents for several
months. *Who pays that? *Do you have to buy a trainload at the Alcoa mill? *
Local distributors like Hadco and Alro want over double that for bar stock
for orders in multiple $1000s.

The commodities prices in the paper, when they printed them, used to
have the conditions, like "ingots FOB Chicago", in the fine print.
Since most people want rolled or extruded products, that costs more,
along with transport. You pay distributors for the cost of having
inventory, too. You can probably get a pretty good price for cast
ingots at the plant, though.

Stan