
Major aluminium producers have offered Japanese buyers premiums of USD 310-325 per tonne for primary aluminium shipments in the October-December quarter. The bar is 18-22 per cent lower than the USD 395 per tonne premium agreed for the current July-September quarter. The premium paid by Japanese...
Canada will raise tariffs on US steel and aluminium to 50 per cent from September 8 as part of a CAD 27.6 billion (USD 19.88 billion) retaliatory package, while Ottawa introduces CAD 7.5 billion (USD 5.4 billion) in support for workers and businesses affected by the trade dispute. Canada will...
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The premiums that Japanese buyers pay for aluminium are expected to rise next year towards $150 a tonne, compared with $90 in the current quarter, due to tighter supply after cutbacks and closures by producers, Japanese trading house Marubeni said. Japan is Asia's top aluminium importer and the...

Some Japanese aluminium buyers have agreed to pay producers a premium of $110 per tonne for metal to be shipped in the January-March quarter, five sources directly involved in the quarterly pricing talks said. The deal, which marks a 22 percent rise from a $90 per tonne premium PREM-ALUM-JP in the...

The duty unpaid premium, as per a leading industry watcher, in Rotterdam was quoted at $115 per metric ton on December 8. Aluminium premiums in Europe rose sharply after hitting their historic low of $65 per ton in September. US (SPY) Midwest aluminium premiums are also holding steady after Alcoa...

An aluminium producer has offered Japanese buyers a premium of $120 per tonne for January-March primary metal shipments, up 33 percent from the previous quarter, said sources close to industry bodies asscoiated with pricing of metals. Japan is Asia's biggest importer of the metal and the premiums...

The Midwest aluminum premium has risen as fears about costs set in after Alcoa’s announcement that it is shuttering much of its North American smelting capacity. Midwest premium rises on Alcoa shutdowns announcement The US Midwest aluminum premium has risen to its highest level in six months,...

The London Metal Exchange (LME) yesterday announced the successful launch of LME Aluminium Premiums, LME Steel Rebar and LME Steel Scrap, the first new contracts to be offered by the Exchange in more than five years. “Today’s announcement highlights the LME’s new approach to market engagement,”...

Surcharges for physical delivery of aluminum in Europe leveled off after recent gains and may come under pressure from additional supply if Chinese exports rebound and some inventories are liquidated. The surcharges, or premiums, which consumers pay on top of the London Metal Exchange (LME) cash...

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will expand its base metals offering with the introduction of a new Aluminum Japan Premium (Platts) futures contract to begin trading on 7 December 2015. Pending relevant regulatory review periods, the new...

Surcharges for physical aluminium in Europe levelled off after recent gains and may come under pressure from additional supply if Chinese exports rebound and some inventories are liquidated. The surcharges, or premiums, which consumers pay on top of the London Metal Exchange (LME) cash price for...

US aluminium premiums have jumped to their highest in three months after Alcoa announced plans to idle the bulk of its US smelting capacity, stirring speculation among traders that the market may have turned a corner. Spot CME Midwest premiums rose to 8 cents/lb on Monday for the biggest one-day...

China imported 10,600 mt of primary aluminum in September, down 11,200 million tonnes (mt) MoM, but up 97.93% YoY, customs data showed. The MoM decline is due to lower SHFE/LME aluminum price ratio. In September, tolling trade remained the major trade mode, and aluminum ingot imported not via...

The London Metal Exchange has signed up nine warehouse for its new aluminium premium contracts due to be launched in November, a crucial step towards ensuring their acceptance and use. Warehouse companies that will get involved in the premium contracts include Henry Bath, majority-owned by China's...

Japan's aluminium premiums for October-December shipments were set at $90 per tonne, down 10 percent from the previous quarter on high domestic inventories and weaker overseas rates, five sources directly involved in the talks said on Wednesday. Japan is Asia's biggest importer of the metal and the...

China’s primary aluminum imports surged 40.65% MoM to 21,800 mt in August, customs data showed. The average SHFE/LME aluminum price ratio rose 3.91% MoM to 7.62 in August, favorable for imports. Aluminum premiums in Asia held largely steady around USD 100/mt in August. In August, primary aluminum...

CME Group, the world's leading and most diverse derivatives marketplace, announced the first Aluminium European Premium Duty-Unpaid futures contracts were traded on Tuesday, 22 September 2015 by Crunch Risk, LLC. A total of 10 futures contracts traded at a price of $72.50 per metric tonne. "We're...

Iran increased its primary aluminium shipment volumes to the world’s top consumer China after global premiums for the white metal along with the prices declined sharply hitting demand from its long time buyers Turkey and Middle East. Iran left behind Russia and other exporting nations in the race...

Surcharges for physical aluminum in Europe are due to remain weak after retreating in recent weeks, weighed down by overproduction, new rules that force more outflows from warehouses and difficult conditions for financing. A constant flow of metal out of warehouses registered by the London Metal...

Some big aluminium producers have offered Japanese buyers a premium of $110 per tonne for October-December primary metal shipments, up 10 percent from the previous quarter, four sources involved in quarterly pricing talks said on Tuesday. Japan is Asia's biggest importer of the metal and the...