Forecasts and Latest on Premiums (January 25, 2023)

1. US MW PREMIUM ALERT. FIVE-MONTH HIGHS: MW spot premium gaps up to... c/lb despite weak demand (From January 24).

2. ALERT! – EUROPEAN P1020. TWO-MONTH HIGH: European P1020 duty-paid premiums up further (From January 20).

3. ALERT! – EUROPEAN BILLET. PAUSE OR BOTTOM? European billet premiums decline stops for now (From January 20).