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Hydro increases rework prices for bright GE aluminum rolled products

Hydro will increase the prices for bare aluminum rolled products in the General Engineering (GE) product group by EUR 100 per tonne. With effect from January 2011, this applies to all contracts negotiated quarterly and monthly.

Despite steady growth in the past quarters, the demand for standard rolled products continues to increase. All of our longstanding customers understood the need for price adjustments due to increased costs that the aluminum rolling industry faces.

Delivery times now extend to January 2011 for unalloyed and magnesium-containing standard sheets and strips.

Due to extensive maintenance work, the production of magnesium-containing standard strips and sheets will start later in January than usual. Accordingly, only 50% of the usual delivery quantity will be available for January. In the remaining months of 2011, however, capacities for standard products will be at the same level as in the previous year.

Contact person:
Wolfgang Rempe
T: 02181 66 1934
wolfgang.rempe @ hydro.com

This text is machine translated. To view the original German text, click on DE on the top right of this window

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