Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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December 2018 | Aluminium Weekly Market Tracker

Primary and Secondary Fundamental Analysis

Analysis of consumption and production of primary aluminium, and an analysis of the market drivers of secondary aluminium and aluminium.

Demand Analysis

US Al premium slips on slack demand
The P1020 aluminium premium edged lower in the United States on Friday November 30, with sellers lowering offer levels in an effort to attract disinterested buyers. The latest P1020 duty-paid Midwest aluminium premium is assessed at 19-19.5 cents per lb on Friday, down from 19.25-19.75 cents per lb previously, where the premium had been since October 26th. Buyers have been distant from the spot market, substituting competitively priced scrap aluminium for primary metal and drawing down their current inventories as year-end approaches. The weak demand situation is forcing eager sellers to lower offers to capture marginal sales.

Norsk Hydro expects muted demand growth for aluminium next year

Norwegian metal producer Norsk Hydro predicted last week that aluminum demand growth is likely to weaken further in 2019. The company expects global primary aluminium demand to grow by 2-3% next...


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