Aluminum Premiums Outlook Update (March 1, 2021)
1. US BILLET PREMIUMS ALERT. SUPPLY CRISIS BITES: Billet spot premiums up to... cent/lb (From February 22).
2. US WIRE ROD ALERT. STRONG AND TO GET STRONGER: EC wire rod demand to get a boost from winter storms (From February 23).
3. MEXICO P1020 ALERT. FCA Veracruz spot premiums jump to of $... per mton (From February 26).
4. EUROPEAN P1020 ALERT. HIGHEST IN TWO YEARS: European P1020 premiums rise further (From February 26).
5. EUROPEAN BILLET UPDATE. BILLET PREMIUMS SPIKE: Spot reaches $... per mton, early Q3 as high as $... (From February 26). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.