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Home > Commodities Focus > With production cutbacks in autos and aerospace, coronavirus hits aluminum
Podcast: Commodities Focus
Episode:

With production cutbacks in autos and aerospace, coronavirus hits aluminum
Category: Business
Duration: 00:10:01
Publish Date: 2020-03-31 16:55:46
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.
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