Premiums paid for P1020A ingot delivered São Paulo region
were assessed at $480-520 per tonne on May 7, down from $500-550 per tonne
in the previous week.
Domestic premiums delivered São Paulo region have fallen an average of 20% since the beginning of the year.
“The drop in premiums have not been enough to incentivise people to buy,” one primary aluminium consumer said.
“The end-user demand remains just frozen,”...