Contact Us!

* indicates required field

Facebook Posts

3 weeks ago

MES, Inc.

As part of our continuous effort to be as responsive and flexible as possible to our customers’ demands, bring value-added services and expand our capabilities, we have inaugurated Metrics Works. At Metrics Works, we are dedicated to helping you provide quality parts in a timely and efficient manner while keeping your costs low. Please visit our website at: metricsworks.com/ ... See MoreSee Less

View on Facebook

1 month ago

MES, Inc.

We are honored to announce MES President & CEO Hiten Shah was a guest on the Angel Investor’s Network podcast with Laura Rubinstein, of Social Buzz Club. Listen to the podcast on:
itunes.apple.com/us/podcast/angel-investors-network-podcast/id1397704600
... See MoreSee Less

View on Facebook

1 month ago

MES, Inc.

Not sure if this is a work related meeting or Fantasy Football coaching session! Looking at this generally unproductive bunch, we are betting it's the latter!🏈 ... See MoreSee Less

View on Facebook

MES-Inc-The-Silicon-Review
MES Featured in The Silicon Review
September 19, 2017
Show all

Aluminum – Commodity Forecast – 2017-2018

Aluminum-–-Commodity-Forecast-–-2017-2018

This document provides recent and up-to-date information on factors affecting the price of aluminum on the global market, examines production, demand, trade and trade policy as well as competitiveness factors and gives an idea on what we can expect for the Q4 of 2017 and beyond.

Aluminum has been lately at the center of the U.S. policy. The U.S. filed a complaint with the WTO (World Trade Organization) accusing Chinese subsidies to domestic aluminum producers of suppressing global prices of the metal. It was followed by an investigation on the impact of imported aluminum (and steel) as a national security threat. The initiative, has the potential to translate into quotas or tariffs, or both, for imported aluminum which will impact negatively many U.S. industries that have nothing to do with national security. The frontrunners being automotive, the industrial machinery manufacturing, construction, and packaging industries.

The aluminum prices decreased significantly in 2016 but started to rise in the recent months. The source of the problem: Chinese overcapacity. The Chinese government has been struggling since last year, somewhat unsuccessfully, to reduce smelter capacity. The central government’s decision to crack down on overcapacity and polluting smelters saw opposition at local government level where maintaining employment rates and tax revenue was the priority. And, objectively, aluminum inventories in China rose more than 4 times YTD.