Aluminium spot foundry alloys premiums were steady in the United States and slightly higher in Europe, with both markets bullish about the year ahead.
US foundry alloy premium flat on quiet 2018 startThe latest assessment of the US foundry alloy premium was unchanged at 9-11 cents per pound, which market participants attributed to a slow start in the spot market thus far this year."We haven't seen any change in [prime foundry alloy] - slow start to the year," one supplier source confirmed. "The ABI thing may change that, but [we] haven't seen the effects yet."Unionized employees at the Aluminerie de B?(C)cancour Inc (ABI) aluminum smelter in the...