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

Fastmarkets proposes to launch two price assessments for aluminium extrusion scrap for the European domestic market.

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.

What to read next
The proposed price will expand Fastmarkets’ coverage of the flat stainless steel market in Europe by complementing the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. The proposal follows preliminary discussions with the market and coincides with a proposal to discontinue the assessment of the base price for […]
Fastmarkets’ 2025 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods.
The proposal follows preliminary discussions with the market and interrogation of existing data collected by Fastmarkets, which suggest that these prices are no longer used by the wider market. Base price trading has been suspended since the end of 2022 due to poor market conditions. In its place, business has been done on a transaction […]
This strategic launch is intended to offer the market a single reference price denoting the differential between US Midwest rebar and heavy melting-grade scrap, a key component in the production of that grade. Details of the previous launches can be found via this link. The methodology specification for this differential is: MB-STE-0930 Steel reinforcing bar […]
Fastmarkets has concluded its annual industry consultation and will add new straight-length assessments for Eastern S-P-F #1&2 2x4 and 2x6 8’-16’ delivered Toronto. Fastmarkets will also assess an adder for Southern Yellow Pine #2 Prime 2x4, 2x6, and 2x8.
The last assessments for the LWC and MWC rotogravure grades will be published on July 17. The prices will be discontinued on August 21. The affected prices are: FP-GP-0027 LWC rotogravure reels 60-g, France, €/tonne FP-GP-0026 LWC rotogravure reels 60-g, Germany, €/tonne FP-GP-0083 LWC rotogravure reels 57-g, Germany, €/tonne FP-GP-0082 LWC rotogravure reels 54-g, Germany, €/tonne FP-GP-0086 MWC rotogravure reels […]