European aluminium premiums reach new highs on short-term bidding

Metal Bulletin’s European aluminium premiums have all surged to new record highs this week as the fundamental tightness that sent premiums higher in the first quarter is doing the same during negotiations for second-half volumes.

High premiums have discouraged consumers from booking forward deals, with many buying only short-term volumes in the vain hope that premiums would ease this year. Almost none are buying beyond...

Published

Jethro Wookey

May 29, 2014

14:17 GMT

London