Distribution is where margins are much higher so supply from local production makes sense not import. Best economies of scale are reached by more extrusion through put. If US and China come to blows our aluminium and steel industries will be the least of our concerns. Capral also import majority of billet from off shore so production would become limited. 15 years of protection has seen higher profits share buy backs acquisitions and more local extrusion competition. Capral are losing market share to local extrusion competition and will continue to as new entrants start up.
CAA Price at posting:
$11.23 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)