Fastmarkets assessed the aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region)
at $1,350-1,400 per tonne on Friday, up from $1,320-1,370 per tonne a week prior and from $1,220-1,270 per tonne a month earlier.
Fastmarkets’ assessment of the aluminium 6063 extrusion billet premium, ddp Italy (Brescia region)
also increased to $1,350-1,400 per tonne on Friday from $1,320-1,370 per tonne one week earlier.
“The spot market is not so much liquid,” a producer in Europe said. "People are focusing more on [the first quarter], and figures for [that period] are at $1,500 [per tonne]. [This] is very easy to achieve, especially for Italy.”
Other producers noted that discounts are hard to get, with spot premiums continuing to move up.
"You cannot buy peanuts in Italy at $1,300 per tonne," a second producer in Europe said.