The US aluminium billet premium set another all-time high on Friday April 23, after breaking its previous all-time high just last month, supported by tight supply and strong demand.
Fastmarkets assessed the aluminium 6063 extrusion billet premium, delivered Midwest US at 20-22 cents per lb on April 23, narrowing up from 18-22 cents per lb on March 26 and its highest since Fastmarkets began assessing the premium in September 2004.One producer reported selling meager spot volumes...