Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The weekly Davis Index for P1020A and 6063 billet premiums delivered US Midwest remained unchanged heading into the long holiday weekend in the US.  


The Davis Index premium for P1020A held at 8.5¢/lb delivered US Midwest, under the three-month LME aluminum contract on Friday, while the premium for 6063 billets was flat at 5.8¢/lb delivered US Midwest under the same LME aluminum contract.


The three-month LME aluminum contract closed on Friday at $1,499/mt up by $23/mt from $1,476/mt on May 18.


Aluminum activity was down during the week with the market heading into the holiday weekend and no deals were done outside of the index range listed above.

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