Aluminum premiums flat despite bullish talk
Feb 07, 2013 | 10:13 AM
| Michael Cowden
Tags
aluminum,
Midwest premium,
P1020,
Big Rivers Electric,
Rio Tinto Alcan,
Centruy Aluminum,
warehouse,
automotive
construction
CHICAGO — Bullish sentiment about Midwest aluminum spot premiums doesn’t appear to have translated into higher prices yet.
Several market sources reported P1020 aluminum premiums in a range of 11.5 to 12 cents per pound, but most haven’t booked any business at that level this week. As a result, AMM’s premiums remain in a range of 11.3 to 12 cents per pound despite some sources insisting that prices are on the rise.....
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