US Midwest Al premium rises after Kitimat strike

July 28, 2021 / www.metalbulletin.com / Article Link

The US Midwest aluminium premium shot to a new all-time high on Tuesday July 27, after a strike at a Canadian aluminium smelter bolstered already bullish sentiment.

Fastmarkets assessed the aluminium P1020A premium, ddp Midwest US at 31-32 cents per lb on July 27, up 3.28% from the previous all-time high of 30-31 cents per lb, where it had held for since July 9.
Spot transactions were reported within this range. Most participants believe it is unlikely for spot deals to be concluded below this range anymore.
Some offers were heard above the assessment range, but no deals were reported at those levels yet.

Spot demand has been noticeably quiet in recent weeks,...

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok