11 NOVEMBER 2025AlCircle.com
US Aluminium Midwest Premiums hit record high – what drives the surge and who bears the cost?
Edited by : Debanjali Sengupta
4 min read
On the evening of November 10, 2025, Aluminium buyers in the US physical market witnessed history unfold as the Midwest Premium surged to an all-time high of USD 1,950.15 per tonne, striking a sharp growth of 2.87 per cent overnight from USD 1,895.72 per tonne.
The Midwest Premium, a surcharge on top of the London Metal Exchange (LME) price that reflects local delivery costs, logistics, and regional supply-demand dynamics, has become a direct casualty of US protectionist measures. Analysts attribute the latest spike to the combined effects of steep tariffs and mounting supply chain distortions, which have tightened domestic availability of the metal.
Surges over several months
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
From fiscal spikes to green strides, Hindalco’s Q2FY26 performance unfolded
Next articleLME aluminium cash price slips to $2,840/t as opening stocks fall to 545,225t
Grow with
AL Circle
