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US aluminium billet upcharges hold steady

August 04, 2014 - 05:04 GMT Location: New York

KEYWORDS: aluminum , billet , upcharge , Middle East , Emirates Global Aluminium , EGA , Norsk Hydro , Qatar

Aluminium billet upcharges remained unchanged this past week as market players said that strong demand continued to bolster the billet and extrusion markets.

Metal Bulletin sister title AMM’s assessed 6063 extrusion billet upcharges held steady at 13.25 to 14 cents per lb. "We are doing deals regularly in the 13.5-(cents-per-lb) range," one aluminium billet seller told MEtal Bulletin sister title AMM. "It’s a very healthy demand environment right now. Most people I speak with believe that it...

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