July 2019 | Aluminium Weekly Market Tracker
Billet premiums continue to slide, but extrusion conversion margins flat: Americas Market Analysis - Extrusions
The driver of reduced aluminium billet premiums has not only been rising supply, reduced offers are also being precipitated by softer demand growth.
ABI smelter returning to full capacity, will feed more billet into the system
News that the Aluminium de Bécancour (ABI) smelter will return to full production after an 18 month strike related closure, will raise the availability of duty-free aluminium billet accessible to US consumers over the course of the next year. The full restart of the 400ktpy smelter should be completed by Q2 2020.
This news has been greeted warmly by US extruders, and is expected to add to the downward...
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