Zeev's Turnips Patch-No Politics (ZEEV)

[choad]

Yes, that is true. They sold there power allocations and ,I believe either temp. shut down or went to reduced shifting,however, remember this was when demand was much different than today so I think the smelters thought this was a gift from the gods. I know some smelters are no longer in existence due to rising power costs and unrelenting labor demands even in times of no leverage,at least, that happened in Tacoma as I recall. The pnwest was a low cost power nirvana for these smelters in the past but that is most likely part of out west nostalgia. I don't profess to be an authority on this topic but isn't it interesting that smelters cannot make money even though it seems there output has increased in value tremendously as of late. In fact, a buddy of mine just called me tonight to boast about how he got .60+ for scrap aluminum TODAY.