ALUMINIUM FOUNDRY WRAP: European premiums slide; US premium maintains footing

Primary aluminium foundry alloy premiums in Europe fell to all-time lows on Friday November 8, while the premium in the United States held steady under quiet spot market conditions.

European foundry premiums still falling Primary aluminium foundry alloy premiums in Europe hit record lows, with some participants saying premiums have hit a bottom. Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot premium, ddp Germany at $305-325 per tonne on Friday from $325-345 per tonne the month before. Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot premium, ddp Eastern Europe at $330-350 per tonne on November 8 from $340-360 per tonne previously. A lack of demand for metal on...

Published

Justin Yang

Michael Roh

November 08, 2019

21:20 GMT

London, New York