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Global aluminum producers offer Q2 premiums of $125-$145/T - sources

Tuesday, Mar 07, 2023
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  Global aluminum producers have offered Japanese buyers premiums of $125-$145 per tonne for April-June primary metal shipments, up 45%-71% from this quarter, five sources directly involved in quarterly pricing talks said.

  The offers, if agreed by buyers, would mark the first increase in six quarters and the highest level since the October-December quarter in 2022, reflecting a view from producers that demand from automakers is set to pick up.

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