Aluminum Premiums Outlook Update (February 8, 2021)
1. US MW PREMIUM ALERT. BULLISH REALITY: MW P1020 premium gaps to... cent/lb (From February 5).
2. CME MW duty-paid premium financials spike to a one-year high; further upside expected. (From February 3).
3. US BILLET ALERT. ALL-TIME HIGHS: US spot billet premium reaches... cent/lb (From February 1).
4. EUROPEAN P1020 ALERT. BULLISH RUN PAUSES: European P1020 premiums unchanged. (From February 5).
5. EUROPEAN BILLET UPDATE. EUROPEAN PREMIUM UP FURTHER: Spot and Q2 billet premiums jump to $... per mton; more gains seen ahead (From February 5). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.