US Al: Midwest premium nears 2-year low

摘要

The midwest premium for primary aluminum dropped to a nearly 2-year low on Wednesday as merchants tried to hold offers firm but reluctantly lowered them following lowpriced sales from producers. Argus dropped its P1020 premium assessment to 13.514￠/lb, its lowest level since February 2018, down from 14-14.5￠/lb a week earlier.