Buy custom Aluminum Industry In 1994
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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1540 |
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The result was a slow, steady climb in prices in the first quarter of 1994.
While the aforementioned production cutbacks began to show some early signs of promise, at this point they are not enough to overcome the overall negative state of affairs; historically low prices and inherent unattractive qualities of the industry structure described above...
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As such, we arrive at the general conclusion that the primary aluminum production industry in 1994 is not attractive. That does not mean, however, that all firms participating in the primary aluminum industry are destined for economic parity. Rather, differing cost structures among the industry’s firms (especially related to power and alumina) allow for some degree of (cost) differentiation and the potential development of competitive advantages...
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