A Slight Discrepancy In Alumnium Inventories
On one hand you have management disclosures like this:
"In the second half of 2009, there are signs that key markets the Company operates in are stabilizing. Due to low inventories at distributors and rising shipments, regional premiums are improving and global aluminum consumption is expected to increase 11% in the second half of 2009."
On the other hand, you have absolute, unprecednted record amounts of aluminum just sitting idle, doing nothing, waiting for the day they get converted into that Boeing 787 fuselage (some time in 2094) and in the meantime just checking their email to see when those 10 new Amazon Kindles they ordered will finally arive, courtesy of a newly invigorated FedEx (we jest, aluminum does not read... and until a year ago, neither did the average American...some things sure change).