The Lisa Reisman Category

It’s 2018: Do You Know Where Your Aluminum Products Are (Coming From)?

With the Section 232 investigation serving as a prompt, you definitely should know. If your organization sources aluminum or aluminum products: time to pay attention. Our sister site MetalMiner shines a light on the aluminum industry in the latest episode of their podcast series, "Manufacturing Trade Policy Confidential." Guest Heidi Brock, president and CEO of the Aluminum Association, gives listeners a sense of what matters to the aluminum industry — and what could be at stake for aluminum buyers in 2018.

The Aluminum Warehouse Scheme: Should We Blame Goldman Sachs…or the Producers? [PRO]

Today Spend Matters PRO speaks with MetalMiner about the recent aluminum warehouse scheme that’s been capturing front-page headlines in the New York Times, prompting some drastic changes by some of the market participants. We’ll explain how much companies pay for aluminum, and what components of total cost have recently changed. We’ll also explain the “$3 billion” in hidden cost (and profit) in the supply chain, as well as who is profiting from it. Then we’ll delve into why the outrage isn’t aimed at the producers, such as Alcoa, rather than the investment banks like Goldman Sachs and Morgan Stanley. And finally, due to all this, should companies change their sourcing strategy for aluminum??