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Aluminum Plate, Sheet, Strip and Foil Producers Still Suffer Liquidity Crunch
Jun 22,2013 17:07CST
smm insight
Source:SMM
SMM survey found that domestic aluminum plate, sheet, strip and foil producers, especially SMEs, are plagued by tight liquidity.

SHANGHAI, Jun. 22 (SMM) – SMM survey found that domestic aluminum plate, sheet, strip and foil producers, especially SMEs, are plagued by tight liquidity. Producers with stronger financial strength are now offering great discounts so as to ensure smooth cash flows. SMEs, however, are forced to extend payment or increase the proportion of payment by acceptance to attract customers since they have less capital than large ones do. Tight cash flow will be the biggest problem confronting aluminum processors for the remainder of the year.

Chinese aluminum plate
strip and foil producers suffer liquidity crunch

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