Brazilian aluminium billet premium reaches all-time low

June 23, 2020 / www.metalbulletin.com / Article Link

The aluminium extrusion billet premium reached an all-time low in Brazil while demand remained timid due to the Covid-19-related economic slowdown in the country and sellers focused on securing bargain deals for their customers, sources said on Friday June 19.

Fastmarkets assessed the aluminium 6063 & 6060 extrusion billet premium, cif Brazilian main ports at $230-260 per tonne on June 19, down from $260-270 per tonne on June 5.

Both the low end and midpoint of the range were at their lowest levels since the assessment was...

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