Aluminum Premiums Outlook Update (February 24, 2021)
1. US MW PREMIUM ALERT. PROFIT TAKING: MW P1020 premium pauses amid profit-taking (From February 15).
2. US PFA MARKET ALERT. PFA PREMIUMS SPIKE: Power outages impact PFA consumers. (From February 19).
3. US BILLET PREMIUMS ALERT. SUPPLY CRISIS BITES: Billet spot premiums up to... cent/lb (From February 22).
4. EUROPEAN P1020 ALERT. BULLISH RUN CONTINUES: European P1020 premiums inch higher. (From February 19).
5. EUROPEAN BILLET UPDATE. TIGHTNESS INCREASES BILLET PREMIUMS: Spot jumps to $... per mton, $... per mton discussed for H2 (From February 19). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.