US Midwest aluminium premium narrows downward

The US Midwest aluminium premium declined on the high end of its range on Friday May 15, with participants valuating the premium lower while demand in this market remains frail.

Fastmarkets assessed the aluminium P1020A premium, ddp Midwest US at 8-9.5 cents per lb on Friday, down by a half-cent on the top end of the range from 8-10 cents per lb previously, where the premium had held since April 24. This marks the premium's lowest since late September 2017, when the assessment stood at 8.25-8.75 cents per lb. While spot activity...

Published

Michael Roh

May 15, 2020

22:01 GMT

New York