Fastmarkets’ aluminium P1020A premium, ddp Midwest US
was assessed at 13.75-15 cents per lb on February 25, narrowing upward from the previous range of 13.5-15 cents per lb, where the premium had held since January 31. This marks the first upward move since early May 2019, when the premium stood at 18.75-19.25 cents per lb.
The premium has been declining more generally since reaching a three-year high at 22-23 cents per lb in April 2018.
The latest increase reflected deals communicated...