Aluminum Premiums Outlook Update (December 20, 2022)

WHAT IS THE LATEST ON ALUMINUM PREMIUMS?

1. US MW PREMIUM ALERT. DECLINE RESUMES: MW spot premium falls below... c/lb amid bearish factors (From December 15).

2. ALERT! - US BILLET. FALL CONTINUES: US billet premium offers fall to... cent/lb (From December 16).

3. ALERT! – EUROPE PFA. SPOT MARKET DEAD: Absent European PFA spot market amid lingering Q1 demand uncertainty (From December 15).

4. ALERT! – EUROPE SLAB. TOUGH TIMES: Challenging slab demand conditions for H1 2023 (From December 19).

5. ALERT! - MEXICO BILLET. 50% CORRECTION: Mexico's 6063 billet premium plummets to $... per mton (From December 15).