Proposal to launch European domestic aluminium extrusion scrap assessments: pricing notice

The assessments will consider scrap extrusions, also known as profiles, comprised of 6063 aluminium alloy in two qualities: clean production scrap and post-consumer scrap with maximum impurities of 5% (also known as 95/5).

The specifications of the new price assessments will be as follows:

Aluminium scrap, clean production extrusions (6063), delivered consumer Europe, € per tonne
Quality: Shall consist of one alloy (6063/HE9) and may contain butt ends from the extrusion process but must be free of any foreign contamination. Anodized material is acceptable.
Quantity: minimum 25 tonnes
Location: Delivered consumer works, Europe
Timing: Within 4 weeks
Unit: Euro per tonne
Payments terms: 30 days, other payment terms normalized
Publication: Weekly, Fridays, 4pm UK
Notes: ISRI code – Tata.

Aluminium scrap, post-consumer 95/5 extrusions (6063), delivered consumer Europe, € per tonne
Quality: Shall consist of one alloy (6063/HE9) comprising minimum 95% of the total volume, with maximum 5% impurities. Anodized material is acceptable.
Quantity: minimum 25 tonnes
Location: Delivered consumer works, Europe
Timing: Within 4 weeks
Unit: Euro per tonne
Payments terms: 30 days, other payment terms normalized
Publication: Weekly, Fridays, 4pm UK
Notes: ISRI code – Tata.

The consultation period for this proposed launch starts on Friday September 6 and will end on Friday October 4. The launch will take place, subject to market feedback, on Friday October 11.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Ross Yeo by email at pricing@fastmarkets.com. Please add the subject heading “FAO: [Ross Yeo], re: extrusion scrap prices.”

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.