Aluminium primary foundry alloy (PFA) premiums in Europe rose to near pre-Covid-19 levels on Friday November 13 due to strengthening demand, while the premium in the United States held at the previous monthly assessment range in quiet conditions.
European premiums up on demand recovery
PFA premiums continued to move higher, with demand in the region remaining strong due to fears of Covid-19-related supply disruptions.
Fastmarkets assessed the
aluminium primary foundry alloy silicon 7 ingot premium, ddp Eastern Europe at $310-350 per tonne Friday November 13, up from $300-340 per tonne on October 9.
The
aluminium primary foundry alloy silicon 7 ingot premium, ddp Germany was assessed at $310-340 per tonne Friday, up from $300-330 per tonne on October 9.
The increases put the premiums close to...