Availability and the costs of trucking are now starting to significantly impact the flow of material in continental Europe, putting pressures on supply chains and keeping base metals premiums elevated, participants have told Fastmarkets
The European aluminium market has experienced extreme tightness so far in 2022, due to high energy costs pushing European smelters offline just when there has been strong demand and with the situation being exacerbated by Russia’s invasion of Ukraine
Alumina produced in a sustainable way can command a premium like aluminium, panelists at Fastmarkets’ bauxite and alumina conference said on Thursday April 28
Fastmarkets is inviting feedback from the industry on the pricing methodology for its European 6063 aluminium billet and aluminium P1020A premiums, as part of a methodology review process to meet International Organization of Securities Commissions (Iosco) principles.
Low-carbon aluminium differentials in Europe widened in March, with market participants split on how much of a premium can be achieved for the green metal.
Tight availability of primary aluminium in Europe continues to push premiums higher, with Fastmarkets’ duty paid Rotterdam premium hitting a fresh all-time high
