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Amendment to frequency of US aluminium billet premium: pricing notice

After a consultation period, Fastmarkets has amended the frequency of assessment of the MB-AL-0052 aluminium 6063 extrusion billet premium, delivered Midwest US, US cents per lb, from a fortnightly basis to once a month, on the fourth Friday of each month.

October 15, 2024
By Yasemin Esmen
Aluminium Base Metals Physical Prices Pricing notice

The new specifications proposed in the consultation are listed below, with the amendment to the price frequency shown in italics:

MB-AL-0052 aluminum 6063 extrusion billet premium, delivered Midwest US, US cents per lb
Quality: Extrusion billet AA6063. Billet with diameter of 6in, 7in and 8in.
Quantity: Min 100 tonnes
Location: Delivered into US Midwest region, duty-unpaid premium on top of the P1020A ingot Midwest premium and LME cash prices
Timing: Within 2 months
Unit: US cents per lb
Payment terms: 30-day payment, other payments terms normalized
Publication:Once a month on the fourth Friday of the month, 3-4pm London time.

This price is a part of the Fastmarkets base metals package.

The next price assessment will be made on Friday October 25.

To provide feedback on this premium, or if you would like to provide price information by becoming a data submitter to this premium, please contact Yasemin Esmen by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Yasemin Esmen re: US aluminium billet.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

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