European aluminum billet premiums steady as market awaits Q4 clarity

European aluminum billet premiums held firm through the week to Sept 16, as the recent industry event in Athens brought speculation of a declining market, with purchasing trends swinging toward monthly bookings and fourth-quarter expectations still under debate. Cheaper offers emerged during the past week in the Italian and Spanish markets, where asking premiums were reportedly heard well below $600/mt…European aluminum billet premiums held firm through the week to Sept 16, as the recent industry event in Athens brought speculation of a declining market, with purchasing trends swinging toward monthly bookings and fourth-quarter expectations still under debate. Cheaper offers emerged during the past week in the Italian and Spanish markets, where asking premiums were reportedly heard well below $600/mt…Read More