Tuesday, July 29, 2014

Aluminium demand to grow says Dennis Gartman

Everyone laughed at me when I started buying aluminum nine months ago. 

You are going to see a larger off take of aluminum going into automobile production. It's the easiest way to meet EPA requirements for mileage is to make the automobiles and trucks lighter, and aluminum does that relative to steel and you're going to be selling, we're going to be selling, everybody's going to be selling a lot of automobiles for the Chinese.