Aluminum Premiums Outlook Update (January 25, 2021)
1. US MW PREMIUM ALERT. SUPPLY CHAIN BROKEN: MW consumer-supplier premium rises to a one-year high as delivery costs skyrocket, more gains seen ahead. (From January 20).
2. US PFA ALERT. FOUNDRY PREMIUMS UP: PFA spot premiums jump as high as... cent/lb (From January 19).
3. US WIRE ROD ALERT. STRONG DEMAND: EC wire rod demand strong, US rod production up (From January 11).
4. EUROPEAN BILLET UPDATE. SHIPMENT DELAYS MOUNTING: Billet premiums heading toward $... per mton (From January 22). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.