Research

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

Change font size:   

May 2019 | Aluminium Weekly Market Tracker


Midwest premium to retreat after Section 232 tariffs removed from Canada and Mexico: Market Summary and Analysis


According to the latest data from the National Bureau of Statistics of China, the country’s produced 2.916 million tonnes of aluminium in April 2019, an increase of 5.2% from the same time period last year.

Midwest premium to retreat after Section 232 tariffs removed from Canada and Mexico President Trump announced last week the United States has reached an agreement to remove Section 232 tariffs from Canada and Mexico. Following the removal, we believe the US Midwest premium should drop from the current elevated levels. China’s aluminium production up 5.2% y-o-y in April According to the latest data from the National Bureau of Statistics of China, the country’s produced 2.916 million tonnes of aluminium in April 2019, an increase of 5.2% from the same time period last year. On a daily basis, April’s production was 97,200 tonnes per day, up 4.6% from March’s 92,903 tonnes. Total output for the first fourth months came in at 11.48 million tonnes, up 5.6% from the same time period in 2018. Xinfa’s alumina refinery ordered to shut down due to environmental contamination China’s state-run media CCTV reported last week...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?