The aluminium billet upcharge in the United States has temporarily paused its climb to record highs, with the summer slowdown counteracting continued supply tightness to keep the premium on level ground.
American Metal Market assessed the spot 6063 billet upcharge at 17-19 cents per lb on Friday July 6, unchanged from the previous week but still an all-time high. The billet upcharge is also 63.6% higher than the 10-12 cents per lb recorded at the start the year.According to market participants, the...