The Midwest aluminium premium in the United States moved to its lowest level in nearly 17 months on Tuesday August 6, with buyers remaining detached from the spot market.
Fastmarkets' assessment of the aluminium P1020A premium, ddp Midwest US, edged down to 17.5-18 cents per lb on August 6, down from 17.75-18.25 cents per lb previously, where the premium had held since mid-July.The premium has been on a steady decline since soaring to a multiyear high of 22-23 cents per lb...