Midwest P1020 aluminum premiums hold
Jun 07, 2013 | 04:34 PM
| Michael Cowden
CHICAGO Midwest P1020 aluminum premiums held steady over the past week, although market participants are increasingly bullish about the market rising in coming months.
AMMs Midwest aluminum premium remained in a range of 11.5 to 12 cents per pound.
One consumer said he had recently concluded a deal for 500 tons at 11.6 cents per pound, but said he expected premiums to rise in the coming weeks because of what he described as a "tight" metal market in the Midwest as well as the South.....
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