Supply tightness keeps US aluminum premium buoyant

Market News

Reuters.com reports that the US premium paid for aluminum at the LME above cash price remained high.

Reuters.com reports that the US premium paid for aluminum at the LME above cash price remained high.

The story is quoted as saying:

Midwest aluminum premiums were seen in a range from 6.35 to 6.5 cents, down a few ticks from summer, when they stood firmly at 6.5 cents, but well above the 5.5-cent level at the end of 2009.

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