US Midwest aluminium premium slips to two-year low

The US Midwest aluminium premium fell to its lowest point in more than two years on Friday February 28, with many sources indicating that the premium has come under downward pressure while the novel coronavirus (2019-nCoV) outbreak sours the demand outlook.

Fastmarkets’ aluminium P1020A premium, ddp Midwest US, fell to 13.5-14.5 cents per lb on February 28, down by 0.25 cents on the low end and down by 0.5 cents on...

Published

Michael Roh

February 28, 2020

21:29 GMT

New York