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Hydro increases prices for aluminum rolled products

The price increases for the second quarter of 2011 will be significantly more differentiated than was usual in the past in the market. This should better take into account the actual manufacturing costs and compensate for current local price differences

The delivery times for unpainted strips and sheets are currently in the range of several months, depending on the quality and dimensions, and sometimes extend to May 2011.

The adjustments for thicker standard sheets and strips will be moderate. The price structure for thinner rolled products, on the other hand, is adjusted to the high utilization of the aggregates. In future, surcharges will be charged for all products below 2 mm compared to the base price. For strips and sheets from 0.3 to 1.9 mm, these are between 30 and 600 euros per ton.

In addition, local prices will be leveled in the second quarter. Because in recent months, some markets have developed at a relatively low price level, even though these countries have developed relatively well industrially compared to other European countries.

Hydro also expects a good market for rolled aluminum products in Europe in the second quarter of 2011. A constantly high capacity of standard products is provided for this good demand.

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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