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With production cutbacks in autos and aerospace, coronavirus hits aluminum

With production cutbacks in autos and aerospace, coronavirus hits aluminum

FromCommodities Focus


With production cutbacks in autos and aerospace, coronavirus hits aluminum

FromCommodities Focus

ratings:
Length:
10 minutes
Released:
Mar 31, 2020
Format:
Podcast episode

Description

Metals like aluminum and steel had been relatively unaffected as COVID-19 began to spread in the US, but the shift came as automakers – including The Big 3 and others – announced temporary production stoppages in North America. Auto is a growing demand sector for aluminum. Another big consumer – the aerospace industry – has been gutted as airlines have slashed flights and Boeing announced a temporary production stoppage in Washington state. A number of states have implemented lockdowns of non-essential businesses, as well. Chris Davis, Sarah Baltic and Nick Ruggiero of S&P Global Platts examine the aluminum market and where it might be headed.
Released:
Mar 31, 2020
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture, and coal markets.