Small differentials for low-carbon aluminium in Europe were achievable for both primary aluminium and value-added products in June, market participants told Fastmarkets.
But high underlying premiums for aluminium continued to cap any significant movement in low-carbon differentials.
Fastmarkets assessed its
aluminium low-carbon differential P1020A, Europe at $0-5 on Friday July 2, up from zero the month before where it had been unchanged since launch on March 5.
Market participants reported business to Fastmarkets for spot deals of low-carbon aluminium with a small upcharge on top of the P1020A Rotterdam premiums.
2022 deals were heard concluded with a $5-7 per tonne differential.
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