To: secret garden
BS, it is not. This is from having prices higher than cost, regardless of demand from China. The bottom line is the increase of Aluminum price, that they have passed on to their customers, is significantly more than their cost. They have been able to get away with it do to a lack of competition, has nothing to do with demand. If their was competition they would not be able to do it. Due to the restriction due to cost of entry into the market they will not have any significant competition to challenge them. That's good business on their part.
To: Quick Shot
Alcoa has no competition?
8 posted on
07/10/2006 2:12:08 PM PDT by
Cobra64
(All we get are lame ideas from Republicans and lame criticism from dems about those lame ideas.)
To: Quick Shot
I disagree. Most prices are higher than cost, and that is how profits are made. It's the same thing that happened with steel and copper. Until you learn to use the right words to phrase an argument, you won't be able to convince anyone.
10 posted on
07/10/2006 2:52:25 PM PDT by
secret garden
(Dubiety reigns here)
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