The Midwest aluminium premium in the United States fell on Tuesday March 24 to its lowest level since early February 2018, pressured by heightened uncertainty and manufacturing disruptions as a result of the novel coronavirus pandemic, market participants said.
Fastmarkets assessed the aluminium P1020A premium, ddp Midwest US at 11.5-13.5 cents per lb on March 24, down by 2 cents on the low end and by 1 cent on the high end from 13.5-14.5 cents per lb previously and the premium's first move since February 28.