Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US
at 7-10 cents per lb on Friday December 13, down from 8-11 cents per lb in the previous monthly assessment.
The previous all-time low was 8-10 cents per lb in July 2017.
Spot activity remains minimal, with December a traditionally quiet month. And heated competition among overseas producers for wheel producers’ business has dampened the...