Research on the Supply Chain of Aluminum Anti-collision Beams for Automobiles

Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

Aluminum Wire Supplier Screening 

Cost Analysis of AL Extrusion for Target Units

Cost Analysis Of AL Extrusion For Target Units

Research on the Sustainable Development Layout of key Players(Foil, Roll, Plate)

Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

Optimization of Purchasing Cost for Casting Alloys

Optimization Of Purchasing Cost For Casting Alloys

Home

Metal News

US Aluminum: Market Tightness Keeps Midwest Premium Higher

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE

3rd Li-ion Battery Europe 2025

2025 NET ZERO EUROPE - Solar & Energy Storage Summit

2025 SMM Europe Lithium & New Energy Field Trip

Euro Strengthens as Trichet Eases Concern Greece Will Default 

NEW YORK, Apr. 9 -- The U.S. Midwest prompt aluminum premium over London Metal Exchange cash prices remains at higher levels as metal availability continues to be tight.
Observers see the premium in a range between 6 cents and 6.5 cents, compared with similar levels early last month.
Lack of scrap aluminum availability is forcing consumers to seek out primary metal, some of which is tied up in warehouse financing deals, a situation making for higher premiums, said Mike Southwood, publications manager with CRU Group. He put the premium in the range of 6.0 cents to 6.5 cents.
&quot;It's difficult to get metal out of warehouses because they're in financing deals,&quot; said a trader who can't be named because he isn't authorized to speak with the media. He said the premium is in a range from 6.1 cents to 6.25 cents.
He said he believes the premium will probably drift higher.
&quot;Physical demand is improving,&quot; he says.
LME cash aluminum was officially quoted at $2,295.0 to $2,295.5 per metric ton Thursday, or about $1.0409 to $1.0412 per pound.
Inventories of aluminum stored in LME warehouses fell 4,700 metric tons to 4,586,125 from Wednesday to Thursday. The total is down from 4,594,300 metric tons one week ago.
&nbsp;
 
&nbsp;

US Aluminum: Market Tightness Keeps Midwest Premium Higher

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE