FEATURE: European duty-paid aluminum premiums slip on unclear supply-demand scenario

The European duty-paid aluminum market’s recent softening, despite stability in the duty-unpaid market, points to murky outlooks for the remainder of the year, market sources say, as poor demand dynamics continue to battle tightening supply. Widespread uncertainty set a cautious tone among traders on the sidelines of an industry gathering in Athens, where few bookings materialized in a sluggish market….The European duty-paid aluminum market’s recent softening, despite stability in the duty-unpaid market, points to murky outlooks for the remainder of the year, market sources say, as poor demand dynamics continue to battle tightening supply. Widespread uncertainty set a cautious tone among traders on the sidelines of an industry gathering in Athens, where few bookings materialized in a sluggish market….Read More