This week, the largest US producer of aluminum billet used to make automobiles and building supplies told customers and business associates that output capacity might be curtailed in 2022 due to a lack of magnesium supply.
“In the last several weeks, magnesium availability has dried up , and we have not been able to purchase our required magnesium units for all of 2022,” Matalco Inc. President Tom Horter said in the letter obtained by S&P Global Platts .
Difficult-to-source supplies of raw materials and soaring energy prices are adding to the headwinds, Horter said in the letter. “The purpose […]
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