Aluminum Bahrain prices IPO at bottom of range
Steel Guru.com reports that Aluminum Bahrain has priced their IPO at the bottom of the range.
Steel Guru.com reports that Aluminum Bahrain has priced their IPO at the bottom of the range.
Aluminum prices are near five-year lows as orders drop from automakers, builders and appliance manufacturers. The global recession, collapsing consumer and corporate confidence and plunging demand for industrial metals have combined to drop the aluminum prices on the LME to their lowest monthly rate since April 2003.
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