Cansheet Market To End 2021 In Surplus , Conversion Prices Seen Contained
August 10, 2021
Executive Summary:
The North American cansheet market is expected to end 2021 in a slight surplus as domestic production increases amid slowing autobody sheet shipments and debottlenecking within domestic rolling mills; while imports of empty aluminum beverage cans continues to cannibalize cansheet demand. Conversion prices are expected to be contained as a result of the surplus as well as an uptick in profitability due to widening spreads for UBC and Class scrap.
- North American aluminum cansheet demand is on-track to grow...
- North American can-making capacity is set to increase ove...
- Cansheet consumers are on track to import...
- Container freight rates continue to...
- Domestic production of cansheet is expected to hit...
- The North America cansheet market is expected to be...
- Conversion prices are expected to...