WEBINAR: Spotlight on European aluminium premiums

Join Fastmarkets and the London Metal Exchange on Tuesday July 6 for a webinar about European aluminium premiums ahead of the launch of the LME’s new cash-settled futures contract.

The LME will launch its new European duty-paid aluminium premium cash-settled contract on July 19, which is settled against Fastmarkets’ benchmark aluminium P1020A premium, in-whs dp Rotterdam.

The LME previously launched a duty-unpaid contract settled against the Fastmarkets P1020 duty-unpaid Rotterdam premium in March 2019. 

Key themes to be discussed at the webinar include:

  • Aluminium premiums market update
  • Premium hedging trends
  • The LME Aluminium Premium Duty Paid European (Fastmarkets MB) contract
  • Future evolution of the premium landscape

Speakers:

  • Christian Mildner, head of corporate sales, LME
  • Alice Mason, senior price reporter, Fastmarkets MB

The web event will start at 10am London time on July 6.

To sign up to attend the webinar, click here.

The LME has updated the date of the webinar to July 6, from June 29 previously.

What to read next
The following price was affected: MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb.  This price is a part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter to this price, please […]
A US court has struck down key reciprocal tariffs imposed by President Donald Trump, ruling that the International Emergency Economic Powers Act (IEEPA) does not grant unlimited tariff authority. While markets reacted positively, Section 232 duties on steel and aluminium remain in effect, prompting continued uncertainty and a likely appeal by the Trump administration.
Five key takeaways from our CIPS webinar.
The US aluminium industry is experiencing challenges related to tariffs, which have contributed to higher prices and premiums, raising questions about potential impacts on demand. Alcoa's CEO has noted that sustained high prices could affect the domestic market. While trade agreements might provide some relief, analysts expect premiums to remain elevated in the near term. However, aluminum demand is projected to grow over the long term, supported by the energy transition and clean energy projects. To meet this demand, the industry will need to increase production, restart idle smelters and address factors such as electricity costs and global competition.
The MB-AL-0408 aluminium low-carbon differential P1020A, cif Mexico was published at 3:02pm London time on May 20 instead of the scheduled time of 3-4pm on May 27. The erroneous price has been removed from Fastmarkets’ pricing database. The price will next be published on May 27 at its usual time. This price is a part of the Fastmarkets […]
The US trade roller coaster ride seems to be flattening, with signs of potential moderation and stability. It appears increasingly likely that our original expectation that the US Trump administration would primarily use the threat of tariffs as a negotiating strategy will be correct. While we do not expect to the US tariff position return to pre-2025 levels, we believe the overall US tariff burden is more likely to settle at around 10-30% globally rather than the elevated rates of 50-100% that seemed possible in recent weeks.