Primary aluminium foundry alloy (PFA) premiums in Europe and the United States remained well-supported at historical high levels on Friday May 14.
Premiums for PFA in Europe were little changed month-on-month at an all-time high, underpinned by expensive regional upstream P1020 premiums.Fastmarkets assessed the aluminium primary foundry alloy, silicon 7 ingot premium, ddp Eastern Europe, at $440-500 per tonne on Friday, narrowing upward from $430-500 per tonne on April 9. Deals were reported closer to the top end of the range, with offers around $500...