
Aluminium foundry alloys are most commonly used for aluminium castings to create automotive parts such as wheels, chassis components or cylinder heads. The most used alloy group is the AlSi7Mg, which combines aluminium with silicon (around 7 percent) and magnesium (less than 0.5 percent), has low iron content and is favoured by wheel producers. The next most liquid alloy is the silicon 11 blend, which is typically priced slightly higher than silicon 7.
The report currently covers nominal spot premium indications for wheel silicon 7 foundry alloys traded in Germany, Eastern Europe, the US Midwest region and Turkey (coverage will grow to include the Asian markets in 2016). It compares prices with previous-quarter values to highlight any change in trend and offers detailed notes on market drivers and recent developments. The report also includes upcharges for silicon 11 alloys and premiums indications for long-term contracts.
The commentary offers readers an insight into how and why premiums have moved and includes market comments from producers, traders and consumers. It outlines the trend and factors at play as well as remarks on the short-term premium outlook.
The Aluminium Foundry Alloys Report is exclusively available to FastMarkets Professional subscribers and requires a FastMarkets Professional subscription to access them.
If you want to become a contributor to this report please contact physicals@fastmarkets.com or call +44 (0)207 3372 143 and ask to speak to Archie Hunter.
August 2015 – Foundry alloy premiums slip below $500 in Europe on ample supply
April 2015 – Foundry alloy premiums slump below $700/t on oversupply
February 2015 – Aluminium foundry alloy premiums drop below $800/t in Europe
May 2014 – Aluminium foundry alloy premiums surge to $800/t mark in Europe
