Rio Tinto and Century Aluminum raised US premiums on a key semi-processed aluminum product by about 12% after the Iran war disrupted Middle East imports. The move tightens regional supply and is a positive revenue/price signal for producers while raising feedstock costs for downstream users, potentially lifting US premiums and local aluminum prices.
Rio Tinto and Century Aluminum raised US premiums on a key semi-processed aluminum product by about 12% after the Iran war disrupted Middle East imports. The move tightens regional supply and is a positive revenue/price signal for producers while raising feedstock costs for downstream users, potentially lifting US premiums and local aluminum prices.
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