Aluminum Premiums Outlook Update (December 2, 2019)
1. (From November 29). US MW premium gaps down to a twenty-one-month low; latest 2020 deals concluded with... cent/lb discounts under MW.
2. (From November 29). European billet Q1 negotiations extending longer; Low end of Portugal spot premiums declines to... per mton.
3. (From November 25). Brazil domestic producers long and looking for exports amid depressed local market demand and a weak currency.
More details in full report.