European aluminium billet spot premium increases but market expects tepid Q1

November 14, 2020 / www.metalbulletin.com / Article Link

Aluminium billet premiums in Europe rose during the week to Friday November 13, with strong spot demand and low nearby supply driving premiums higher.

Fastmarkets assessed the aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region) at $300-340 per tonne on Friday, up by $10 on the high end from $300-330 per tonne the week before.
Fastmarkets' weekly assessment of the aluminium 6063 extrusion billet premium, ddp Italy (Brescia region) was $300-330 per tonne on Friday, also up by $10 on the high end from $300-320 per tonne the week before.

"I was very afraid that with all of Europe coming into a lockdown, demand will drop. But this is not happening. Next month is the end of the year and we're still getting requests for extra billet, even...

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