Aluminum Premiums Outlook Update (May 24, 2021)

 

1. US MW PREMIUM ALERT. DOWN AGAIN: MW P1020 spot premium drops to… cent/lb (From May 19).

2. US WIRE ROD ALERT. STABLE AT HIGH LEVELS: EC rod premiums steady as market tightness lingers (From May 17).

3. NORTH AMERICA PFA ALERT. SEMICONDUCTOR SHORTAGE BITES: More PFA consumers request delivery delays (From May 20).

4. EUROPEAN P1020 ALERT.BULL RUN STILL ON: European duty-paid P1020 premium rises to $… per mton (From May 21).

5. EUROPEAN BILLET UPDATE. CAUTIOUS OPTIMISM: European spot billet premiums rise to $… per mton. More Q4 contracts signed early (From May 21). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.

 

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