Aluminium premiums in Rotterdam are on an upward trend for the first time since the Covid-19 pandemic took hold of Europe, with benchmark P1020 premiums at four-month highs.
Fastmarkets assessed the aluminium P1020A premium, in-whs dup Rotterdam at $90-95 per tonne on Friday July 31, up from $85-90 per tonne the week before."The spreads are good which is giving people a reason to be slightly more positive at the moment," a European trader said. "Although it's the summer months, if you need material you have to pay...