Aluminum Premiums Outlook Update (January 27, 2020)

Executive Summary

1. US BILLET UPDATE. US spot billet premiums fall to as low as… cent/lb. (From January 20).

2. US WIRE ROD UPDATE. US EC rod imports still strengthening as regional shortage lingers; no spot activity at the moment. (From January 23).

3. EUROPEAN BILLET UPDATE. Extrusion demand relatively stable; spot premiums in Spain and Portugal fall further. (From January 24).

More details in full report.