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Aluminum Premiums Outlook Update (November 30, 2020)

1. US MW PREMIUM ALERT. MW spot premium range tightens, trending toward... cent/lb (From November 25).

2. US BILLET ALERT. SOLD OUT: US billet premiums gap up to... amid lack of spot availability across regions, rally expected to continue (From November 25).

3. NORTH AMERICA PFA ALERT. AUTO DEMAND BOOMS: Solid US auto market further strengthening PFA demand (From November 24).

4. EUROPEAN BILLET UPDATE. SOLD OUT: Q2 premiums jump to $... per mton (From November 27). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.