INTL AL CONF: Credit concerns rising amid high aluminium premiums

September 07, 2021 / www.metalbulletin.com / Article Link

Surging primary aluminium premiums are heightening the risks for consumers and suppliers, producers and market analysts said at Fastmarkets' virtual International Aluminium Conference last week.

Representatives from Vedanta, Rusal and McKinsey joined a discussion panel on Thursday September 2 to debate market drivers, high premiums and sustainability, among other topics.
Billet premiums have reached fresh all-time highs for the past 13 weeks, prompting a question to the panel asking how long they they expected that rising costs could be passed further down the supply chain.
"Fundamentally, it comes down to a question of when you start to see real demand attrition," McKinsey partner Jeffrey Lorch told delegates.

"When will people start to push back and say they are not going to take this much volume? In today's market, that's just not really happening - there are longer term trends supporting aluminium and people have made real...

Recent News

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com

Global Mining M&A sees moderate gain in 2024

March 31, 2025 / www.canadianminingreport.com

TSX/TSXV mining could continue to see strong equity capital raising 2025

March 24, 2025 / www.canadianminingreport.com

Gold stocks continue to outperform in move into defensives

March 24, 2025 / www.canadianminingreport.com

Gold stocks reach new highs

March 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok