Get started

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.

What to read next
Correction to sustainable aviation fuel exw Netherlands cost of production prices for January 9
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
February 6, 2026
 · 
By Fastmarkets pricing team
Delayed publication of European aluminium billet premiums, inferred prices: pricing notice
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
February 6, 2026
 · 
By Fastmarkets pricing team
Correction to unit of measure for Gadolinium oxide 99.99%-99.999% fob China, $/kg: pricing notice
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
February 6, 2026
 · 
By Fastmarkets pricing team
Launch of steel hot-rolled coil index, fob mill Canada
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
February 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on IOSCO-audited steelmaking raw materials price indices
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price […]
February 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on IOSCO-audited CFR Manila steel billet price assessment
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]
February 5, 2026
 · 
By Paul Lim