Aluminum Premiums Outlook Update (August 31, 2020)
August 31, 2020
1. US MW PREMIUM ALERT. MW P1020 spot premium spikes to… cent/lb (From August 28).
2. NORTH AMERICA PFA ALERT. US offshore PFA imports rebound on strong auto demand (From August 24).
3. MEXICO ALUMINUM ALERT. Shortage of 6063 scrap intensifies and boosts Mexico’s spot billet premiums and 6063 RSI prices (From August 25).
4. Bullish billet outlook further supported by EU investigation against Chinese extrusion imports (From August 25). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.