ALUMINIUM FOUNDRY WRAP: PFA premiums jump on silicon supply panic

A lack of silicon in the market has vaulted aluminium primary foundry alloy (PFA) ingot to fresh-all time highs across Europe.

Fastmarkets assessed the aluminium primary foundry alloy, silicon 7 ingot premium, ddp Germany at a new record high of $800-900 per tonne on Friday October 8, up by 45% from $550-620 per tonne on September 10.
Fastmarkets also assessed the monthly aluminium primary foundry alloy, silicon 7 ingot premium, ddp Eastern Europe at $800-900 per tonne on Friday, up by the same margin from the prior assessment.

While market participants heard spot deals...

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