"There's a bigger decline in price so far in the 4th Quarter and seasonally it's worse" as reported by Reuters on Aluminum prices.
The actual numbers are almost double for the same quarter from last year and they site "fear" of Europe driving the lack of demand impacting auto, industrial, construction, & packaging industries as most aversely affected. Whereas aerospace & transportation sectors have shown demand and growth.
After hours quote is below $9.63.
I always watch Alcoa's earnigs as they kick of the earnings reporting and Aluminum is widely used acoss industries.
It will be interesting to see f this begins the next leg down.
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