Aluminum Premiums Outlook Update (November 16, 2020)

 

1. US MW PREMIUM ALERT. MW P1020 spot premium gaps up; we see market trending toward… cent/lb range (From November 13).

2. NORTH AMERICA PFA ALERT. US Foundry 2021 premiums stable amid supplier competition. (From November 11).

3. MEXICO P1020 ALERT. Mexico’s P1020 premium jumps to 28-month highs (From November 11).

4. BRAZIL ALUMINUM ALERT. P1020 and billet premiums strengthen further on strong demand fundamentals and supply tightness (From November 11).

5. Aluminum Premiums Outlook Update (November 16, 2020) (From November 12).

6. EUROPE PFA ALERT. Strong auto production supporting Q4 foundry demand. Contract premium range for 2021 widens to… euros (From October 30).

7. EUROPEAN BILLET UPDATE. HIGHEST LEVEL IN OVER A YEAR: Spot and Q1 premiums jump to $… per mton (From November 13). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.

 

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