Rio Tinto selling Kitimat aluminium in US Midwest

Aluminium produced at Rio Tinto Plc’s smelter in Kitimat, British Columbia, is making its way into the US Midwest, sources within the company confirmed to Metal Bulletin sister title AMM, possibly reflecting fundamental tightness in North America and price weakness in Japan.

Kitimat’s production is making its way to customers as far into the United States as Kentucky, as well as markets in the mid-Atlantic and Northeast, which are a little tougher for the company to service due to extensive freight costs and the presence of other Rio Tinto smelters in eastern Canada, company sources said on October 11. “It is true, the Midwest is a market for Kitimat units whether the market is tight or not,” a source within the company told AMM. While regular shipments have been coming into the United States since the smelter came back online last year, the facility produces...

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This article was first published by AMM

October 13, 2016

02:50 GMT