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(Bloomberg) -- Annual US aluminum sales contract talks are starting later than usual this year as buyers hold off in the hope that further price declines will enable to them to get better terms.Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan StraitStocks’ Pandemic Bull Run Ends With Recession Fear: Markets WrapCrypto Market Sinks Below $1 Trillion After Latest DeFi BlowupBond Yields, Dollar Surge With Fed Bets as Recession Risk GrowsCrypto Debacle at Celsius Rattles

Aluminum prices have stalled this year after a surge of more than 40% in 2021, the biggest rally in more than a decade.