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Fastmarkets has launched its MB-AL-0425 aluminium 6063 & 6060 extrusion billet premium, ddp São Paulo, on Tuesday August 26.
This launch follows positive feedback from the domestic market in Brazil for a regional price reference. Fastmarkets is the first Price Reporting Agency (PRA) to launch this premium in Brazil.
Brazil is among the world’s top aluminium producers. Its domestic market is becoming more self-sufficient, with more companies sourcing locally rather than importing.
This launch strengthens Fastmarkets’ presence in the Latin American region and builds on the company’s global aluminium pricing, including the Mexican aluminium price suite introduced in March.
The specifications of the price are as follows:
MB-AL-0425 Aluminium 6063 & 6060 extrusion billet premium, ddp São Paulo, $/tonneQuality: Extrusion billet AA6063 and AA6060. Billet with diameter of 6in, 7in, 8in Quantity: Min 100 tonnesLocation: Delivered in São Paulo region, duty-paid, premium on top of LME cash pricesTiming: Any transaction data concluded within 3 monthsUnit: USD/tonnePayment terms: 30-day payment terms, other payment terms normalizedPublication: Once every two weeks. Tuesdays, 3-4pm London time
This price is part of Fastmarkets’ Base Metals package.
To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Leticia Simionato by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Leticia Simionato, re: domestic Brazil 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.