Aluminum premiums soften in spotty holiday market
Dec 19, 2007 | 08:05 AM
| Matthew Lerner
U.S aluminum premiums have softened slightly in patchy year-end trading as the market turns its attention to next year.
The Midwest spot ingot premium has fallen a quarter cent to a range of 3 cents to 3.75 cents per pound from a previous range of between 3.25 cents and 4 cents per pound.
One trader, who described the market as cautiously bullish with some year-end weakness, put the premium between 3.25 cents and 3.75 cents.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here