Aluminum P1020 premiums steady
Feb 14, 2013 | 09:35 AM
| Michael Cowden
CHICAGO Midwest spot aluminum premiums held their ground for another week Feb. 13.
AMMs P1020 premium remained at 11.3 to 12 cents per pound, with the majority of business transactions reported within that range.
"The markets have been pretty steady and premiums are holding up well," one trader source said, adding that he had booked "a couple of million pounds" of business in the past week at 11.5 to 12 cents. He chalked that up to what he characterized as a "healthy" spot market, in part due to strong demand from the transportation sector.....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.