Become a customer

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 aluminium scrap, old sheet (Taint/Tabor), cut sheared, 5-8% attachments, cif India
Fastmarkets has corrected its MB-AL-0399 aluminium scrap, old sheet (Taint/Tabor), cut sheared, 5-8% attachments, cif India price assessment, which was published incorrectly on Wednesday November 20.
November 20, 2024
 · 
By Aameer Sayed
Delayed publication of steel reinforcing bar (rebar) index export, fob China main port
The publication of Fastmarkets’ index for steel reinforcing bar (rebar) export, fob China main port for Tuesday November 19 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
November 19, 2024
 · 
By Jessica Zong
Open consultation on methodology for Latin America Recovered Paper: pricing notice
Fastmarkets is inviting feedback from the industry on the pricing methodology for Latin America Recovered Paper, as part of its announced annual methodology review process. This consultation, which is open until December 31, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of […]
November 19, 2024
 · 
By the Fastmarkets team
Open consultation on methodology for Latin America Graphic Papers Paper: pricing notice
This consultation, which is open until December 31, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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 specifications and publication frequency. You can […]
November 19, 2024
 · 
By the Fastmarkets team
Pricing notice: Error in SYP (west) #2 2×6-22 price
Fastmarkets has corrected its FP-LBR-0395, LANL, KD SYP (west) 2 2×6 22-foot, which was published incorrectly on November 14, 2024. The error has been corrected. The correct value is below: FP-LBR-0395 LANL           $780 For comments and queries, please send email to: pricing@fastmarkets.com. This price is part of the Fastmarkets softwood products package. For more information […]
November 15, 2024
 · 
By the Fastmarkets team
Final decision on open consultation on non-ferrous methodology
Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 8 and November 6, 2024. This consultation was done as part of our published annual methodology review process.
November 15, 2024
 · 
By Janie Davies