US premium rises, but market quiet
Fastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US
at 6-9 cents per lb on July 10, up from 5.5-8.5 cents per lb, where it had been since April 9.
The premium was at 6-9 cents per lb from February 14 to April 8. It started the year at 7-10 cents per lb.
Although spot activity remains limited, sources told Fastmarkets that demand from wheel manufacturers is gradually recovering. Automakers have restarted their plants following...