Weekly Aluminum Premiums Summary
An executive, in-a-nutshell summary of the most significant world’s aluminum premiums developments of the week. The report provides HARBOR’s relevant intelligence, premium assessment movements and analysis by region, including 1020, purity and VAP premiums.
EUROPE: European P1020 spot premiums slightly up from one-year lows amid supportive LME spreads ahead of October and some spot demand pick up after the summer seasonal slowdown.
USA: HARBOR’s MW P1020 Ingot Duty-Paid Supplier-Supplier Premium falls to... amid a confluence of factors. EUROPE: Portugal’s billet premiums increase slightly, while most southern European spot billet market is quiet
LME prices continue to range trade; ROW’s alumina market could turn into a surplus position amid potential expansion in India
US spot billet market remains subdued, offshore imports still growing strong.
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