Aluminum Premiums Outlook Update (September 16, 2020)

 
  1. US BILLET ALERT. US billet imports jump as demand recovery intensifies (From September 9).
     
  2. NORTH AMERICA PFA ALERT. US offshore PFA imports recovering; however, tough 2021 contract negotiations seen ahead (From September 11).
     
  3. EUROPEAN P1020 ALERT. Spot premiums firm up at the low end of the range, supported by attractive contangos and a lower availability of prompt P1020 units (From September 10).
     
  4. BRAZIL P1020 ALERT. CIF P1020 premiums jump as much as $… per mton as tariff-free import quota has been completed (From September 10).
     
  5. Billet premiums expected to increase as market tightens (From September 11). To read our full European Billet Market Intel and Premiums assessment, please see our specialized European Billet Intelligence Report.

 

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