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The new specifications proposed in the consultation are listed below, with the amendment to the price frequency shown in italics:
MB-AL-0052 aluminum 6063 extrusion billet premium, delivered Midwest US, US cents per lbQuality: Extrusion billet AA6063. Billet with diameter of 6in, 7in and 8in.Quantity: Min 100 tonnesLocation: Delivered into US Midwest region, duty-unpaid premium on top of the P1020A ingot Midwest premium and LME cash pricesTiming: Within 2 monthsUnit: US cents per lbPayment terms: 30-day payment, other payments terms normalizedPublication:Once a month on the fourth Friday of the month, 3-4pm London time.
This price is a part of the Fastmarkets base metals package.
The next price assessment will be made on Friday October 25.
To provide feedback on this premium, or if you would like to provide price information by becoming a data submitter to this premium, please contact Yasemin Esmen by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Yasemin Esmen re: US aluminium billet.”
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.