Market still bullish on Midwest aluminum premium

Midwest aluminium premiums held their ground this week, with market participants noting that industry sentiment was leaning toward steady or higher premium levels through the fall.

Midwest aluminium premiums held their ground this week, with market participants noting that industry sentiment was leaning towards steady or higher premium levels through the fall. The spot P1020 premium remained at 20.25 to 20.75 cents per lb on August 20, although several traders said that sales requiring immediate delivery or specialised freight terms had commanded premiums above 21 cents per lb. Unprecedented demand from key market...

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This article was first published by AMM

August 22, 2014

04:07 GMT

New York