US Midwest aluminium premium falls again

The US Midwest aluminium premium dropped again this week, with market participants questioning where it will find a floor.

AMM’s assessment of the spot P1020 premium fell to a range of 13.25-13.75 cents per lb from 14.25-14.75 cents last week, down 44% from its high of 24 to 24.25 cents per lb from mid-January to mid-February (amm.com, February 5). Market participants contacted by AMM were divided as to whether the premium was beginning to stabilise or still had a long way...

Published

This article was first published by AMM

May 08, 2015

10:56 GMT

New York