GM and other automakers are high volume purchasers of aluminum. Thanks to Goldman Sachs which, along with other investment houses, has been running around buying up warehouse space, midwestern aluminum buyers are paying the highest premium in over a decade for immediate supply even though 25% of the world's aluminum stockpile monitored by the London Metal Exchange is warehoused IN DETROIT!

maybe we need to organize the scrappers and free the warehouses

http://www.bloomberg.com/news/2011-0...arehouses.html