Midwest premium aluminum 18 per pound (rounded two places). Transaction Premium (Implied Duty-Unpaid) delivered U. If a particular currency, such as in Brazil or India, is being impacted by events that have little to do with aluminum production, it can still affect the aluminum trade. For LME Aluminium Premium Duty Paid US Midwest (Platts) Futures this number is 40. Mar 21, 2025 · The aluminum processors then add the Midwest Premium to their price of aluminum, unrelated to their actual costs, and indiscriminate of whether the primary aluminum was made in USA or imported. Pre-Tariff Period (2017): The Midwest Premium averaged around $0. 39 per pound (rounded two places). Aug 13, 2021 · The aluminum Midwest Premium (MWP) set a new all-time high of 34. US 1000, 3000, 5000, 6000 Series Flat Rolled European LME Premium. , the predominant aluminum differential is the Midwest Premium(“ MWP”). The global reference price is determined by transactions on the London Metal Exchange (LME) based on factors like metal grade and shape, while the Midwest Premium – the additional cost of supplying aluminum to the United States – is determined by U. Due to these sanctions, Midwest Avg. 03 per pound over prior month. 11% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. 00: Buy. businesses that use cansheet aluminum, such as the beverage industry, purchase aluminum by paying a Midwest Transaction Price (MWTP). 0 cents per lb on November 1. Mar 6, 2025 · Aditya Welekar, Senior Research Analyst - Metals, Axis Securities said the premium of aluminium in the US called as Midwest premium has already doubled to $800 a tonne over the LME prices ever Jul 27, 2018 · The following Aluminum US Midwest Duty and Duty-Unpaid symbols have been created in Market Data category MM (Metals: Major). needs to import aluminum, even negligible amounts, from countries subject to tariffs, all aluminum, including scrap, will reflect that pricing premium. Midwest Premium: Prompt month CME MWP last traded/settled at 21. supply and demand At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. EN. Feb 6, 2025 · The U. However, it had retreated to a historical low by 2020. 00에 거래되고 있는 해당 원자재에 대한 자세한 정보를 찾아보세요. Midwest premium, the amount added to global benchmarks to deliver aluminum to that region, approached 41 cents a pound on Friday, up about 75 per cent this year. Search. LME aluminium prices fell 10% over two months but then rebounded 27% within Importantly, so long as the U. What is the Midwest premium? Finally, the aluminum price that is in place at a given moment at a particular location is known as the spot price. Argus brings transparency to the global metal markets through its independent price assessments and unbiased reporting. Aluminium P1020 US midwest premium monthly avg prices USD/lb. , the Midwest Premium) Simply because Midwest Spot means specific aluminum prices for the Midwest region of the United States. Tower has approximately 527,882 square feet, over 12 acres, of under-roof manufacturing facilities to include a state of the art cast house, 5 extrusion presses ranging from 6"-12" diameter billet, one of the largest production anodize lines in the United States, and over 144,000 square feet Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Platts Aluminium Transaction Premium DDP US Midwest index which is available from 19:30 Eastern Standard time on the last trading day: Trading venues: LMEselect and inter-office telephone: Trading hours Dec 7, 2023 · The U. 5 billion exposure from tariffs and remains "on track and within our original full-year guidance range of $7 billion-8. Enquire about our price reports below, covering aluminum, aluminium extruded products, rolled products, bauxite and alumina and carbon products. Nov 30, 2021 · However, the Midwest aluminum premium has lost some steam over the last couple of months. Learn about the Midwest Aluminum Premium index, a benchmark for the North American aluminum industry that tracks the price of aluminum delivered to the US Midwest region. Mar 8, 2024 · The CME launched a U. Midwest Premium Futures Contract. Since the start of Q4 2024 The U. Explore S&P Global. The Midwest premium is periodically a topic of controversy within the U. Access the Aluminum MW U. The escalating trade conflict may drive market volatility, supply chain disruptions, and inflationary pressures, keeping the Midwest Premium elevated through 2025. 10 per lb from where […] Jan 3, 2025 · LME Aluminium Premium Duty Paid US Midwest (Platts) Please note that the COTR is only produced for metals which have open positions. S&P Global Platts, like other information providers, provides an independent assessment for where the price of aluminum in the Midwest U. . This drove a sharp increase in prices, affecting both the LME and Midwest spot premium. Price appears to be holding steady around that price moving into the first part of September as well. See how Platts provides independent assessments of commodity prices and why the APEX Act is not needed. These efforts peaked with the introduction of the APEX Act in the 116th Congress. Jul 22, 2021 · The Midwest Premium has reached a record high of $0. 40 USD/Tonne or 5. Feb 11, 2025 · According to the Chicago Mercantile Exchange (CME), the March aluminum futures price saw the Midwest Premium rise to 30 cents per pound, an increase of about 10% from the previous trading day. Less than a week from Trump’s inauguration, markets appear Feb 3, 2025 · Both the LME Cash and Midwest Premium increase slightly over the course of January leading to an increase in price for February. Aluminum decreased 130. The U. Transaction Premium has been volatile in recent years having reached record highs in Feb 19, 2025 · In 2018, the original 10% Section 232 tariff placed on aluminum imports saw the Midwest Premium rise sharply. Transaction Premium Platts (25MT) Futures Spot Month prices USD/mt. Mar 15, 2022 · And all US aluminium premiums set new all-time highs on March 11: the aluminum 6063 extrusion billet premium, delivered Midwest US, and the premiums on top of the MWP for aluminium extrusion billet and primary foundry alloy – aluminium primary foundry alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US. Regional transaction premiums are common in the aluminium industry around the world, including the Rotterdam premium in Europe and the Shanghai premium in Asia, he told Fastmarkets. See the closing price, open, high, low, change and %change for the selected range of dates. Get historical data for the price of aluminium premium duty paid in the US Midwest region. Futures trading in U. 41 per pound (rounded two places) which is an increase of $0. according to MetalMiner Insights data. The US Aluminum Transaction price is a benchmark for 30 years in the North American aluminum market, reflecting the spot physical value of 99. Periodic Table of the Elements. 50 cents per lb on Tuesday, widening from 20-21 cent per lb the week prior. The Midwest premium measures the di erence between the transaction prices paid by aluminum market participants and the aluminum cash settlement price on the London Metal Exchange (LME). aluminium supply will tighten as Canadian exports shift to Europe, while alternative sources from the Middle East and India remain constrained. This page contains free live Aluminium Premium Duty paid US Midwest streaming chart. The MW premium could potentially rise to around 50 ¢/lb. If implemented, U. e. 40 per pound. The most recent report therefore reflects the reporting period whereby open positions were last reported for that metal. At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. When Donald Trump was elected in 2016, the US aluminium midwest premium bottomed out and held on to the long-term uptrend support line The so-called US Midwest premium, the amount added to global benchmarks to deliver aluminum to that region, approached 42 cents after climbing about 10% toward 45 cents earlier Tuesday, according Jul 27, 2018 · Currently, the Midwest Premium price is set in secret with the input of a few aluminum traders. Get Comex Aluminum Live Intraday & Historical chart. The Midwest Average for December 2024 closed at $1. Aluminum Midwest U. 02 per pound increase for December purchases. Apr 16, 2021 · It’s no secret that regional aluminum premiums from Asia to Europe to the Americas are all currently at multi-year highs. Through careful monitoring of the LME charts available you can dictate current pricing and future forecast pricing for Midwest Spot Aluminum, which includes delivery of the aluminum to the Midwest region. The aluminum market is undeniably tight, as consumers are having to wait months for metal and Find the latest Aluminum MW U. Midwest premium by over 30%. The so-called US Midwest premium, the amount added to global benchmarks to deliver aluminum to that region, approached 42 cents after climbing about 10% toward 45 cents earlier Tuesday, according Apr 16, 2025 · For example, the Midwest Premium began to rise before the administration even announced the official tariffs, breaking into an uptrend around the start of the year. Prices peaked weeks after the Midwest premium but have nonetheless fallen over 23% since early February. But by early June, expectations for the premium had fallen to a midpoint of around 24 cents Mar 14, 2025 · From a seller’s perspective, it’s tempting to take profits after the run we have seen in Midwest premiums in less than two months. 2385 cents per pound. Mar 3, 2025 · Due to some uncertainty in the market, the Midwest Premium for raw aluminum increased $0. regional aluminum price, known as the Midwest premium. The Midwest Average closed at $1. Innovations in Aluminum Solutions. 95 US cents a lb or $650 a metric ton on Friday. Jun 14, 2024 · The aluminum market has sufficient liquidity to use swaps and options. Midwest Premium is the regional differential for aluminum delivered into the Midwest (the primary pricing point in the U. The fresh tariff hikes by Trump have further created a whole new market uncertainty. Nov 8, 2024 · The CME aluminium Midwest US premium cash-settled forwards were most recently trading at 22. Midwest premium contract in 2013 followed a couple of years later by European and Japanese premium contracts. S&P Jun 19, 2019 · Technically the Midwest Premium has generally been explained as the cost of delivery to a U. Keep your gutters clean with E-Z-Drop In aluminum screen guards. Mar 5, 2025 · In August 2024, under President Joe Biden, aluminum tariffs rose to 25%, increasing the U. May 6, 2022 · Explore real-time Aluminium Premium Duty paid US Midwest price data and key metrics crucial for understanding and navigating the Aluminium Premium Duty paid US Midwest market. consumer, largely reflecting haulage costs. Fastmarkets assessed the daily aluminium P1020A premium, ddp Midwest US at 19. S Feb 21, 2025 · Market participants were divided on the effects of the tariffs, but some considered the announcement as bullish for the primary aluminium premium in the US. Feb 13, 2025 · The Midwest Premium is expected to increase to maintain the flow of metal units into the US market. S. The “Midwest Premium” is simply a term for the regional price of pure aluminum—known as ‘primary’ aluminum—supplied to the Midwest region of the United States. The premiums are added to the global benchmark prices, which are set on the lation in the U. Aluminum - values, historical data, forecasts and news - updated on May of 2025. “A landslide re-election win for [Trump] signifies that additional trade tariffs and sanctions could emerge in the coming months,” Farida said on Wednesday November 6. Canada retaliated, but a last-minute deal delayed enforcement by 30 days. While it remained elevated from its early-March low, as of September 20, the premium remained in Nov 11, 2024 · The Midwest Premium, a benchmark for U. rose to $1. Therefore, aluminum that has been 100% made in the USA is impacted by the tariffs at the same rate as aluminum made from imported primary aluminum. Feb 6, 2025 · This could further inflate U. 00: 868. CME Group Aluminum MW US Transaction Premium Platts Futures contract allows customers to better manage the aluminum Midwest premium price risk. 7% high-grade P1020A min full 45,000 lb truckloads, typical 100-1,000 mt ingot, low-profile sow or T-bars DDP, delivery by truck or rail Midwest consumer works within 7-30 days Net 30 days Cents/lb Feb 9, 2024 · The US Midwest premium is a long-standing transaction charge, according to a spokesperson for the Aluminum Association (AA). Transaction Pr (F*AUP. At current nominal premiums, premium longs stand to make about $0. Feb 25, 2022 · The influential premium, widely known simply as “the Midwest premium,” factors into the pricing calculations for other aluminium premiums, including primary foundry alloy and extrusion billet, as well as a range of aluminium alloys. 02 per pound leading to a Midwest Average of $1. アルミニウム 米国ミッドウエスト・トランザクション・プレミアム プラッツ（25トン）先物（AUP）の商品概要や、本商品を取引するメリットなどを紹介。 May 6, 2022 · Get instant access to a free live streaming chart for Aluminium Premium Duty paid US Midwest. At its maximum, the premium amounted to more than 20% of the MWTP. 38 per pound (rounded 2 places), which was a decline of $0. Prior to Inauguration Day, Midwest was trading at $0. aluminum market on the U. We are still experiencing a high Midwest Premium, but the Jan 15, 2025 · Aluminum Prices Sideways, Midwest Premium Futures Up The aluminum market remained uncertain during the first few weeks of the new year. aluminum futures contracts is primarily in the Chicago Mercantile Exchange’s Commodity Exchange (“COMEX”) MWP futures contract. The Midwest Premium has fluctuated dramatically since the beginning of the year without justification. Find information for Aluminum MW U. Midwest (Delivered Duty Nov 20, 2023 · “The ‘Midwest Premium’ is simply a term for the regional price of pure aluminum—known as ‘primary’ aluminum—supplied to the Midwest region of the United States. 02 per pound in the month of August. This could further inflate U. Aluminum is the largest input cost for America’s brewers, so these price increases have made it next to impossible for our nation’s brewers to Feb 11, 2025 · Tariffs would result in higher aluminium prices in the US, representing a significant upside risk to the US Midwest premium this year. The surge reflects the regional increase in the price of aluminum as traders anticipated Trump to implement the 25 per cent tariff on all imports of the metal. Check Signal for Support & Resistance Midwest Steel & Aluminum is striving to be your best choice for cut to size metals. spglobal. The chart is intuitive yet powerful, customize the chart type to view candlestick patterns , area, line graph The interplay between LME prices and the Midwest Premium further underscores the cost disparity between domestic and international aluminum markets, adding another layer of complexity for buyers navigating this evolving landscape. Jan 20, 2025 · The CME Midwest premium contract, the best indicator of tariff risk, has risen since Trump won the US election in November but the gains have been muted relative to the notional impact of a 25% Learn more about the Platts Aluminum Midwest Premium here - https://www. com/platts/en/insight/platts-aluminum-midwest-premium-explained Mar 12, 2025 · On Tuesday, the premium for aluminum in the U. The Midwest Premium is the regional pricing of aluminum in the U. Jan 28, 2020 · Aluminum prices in the United States are made up of two components. LME Aluminium Premiums contracts are designed specifically to help the physical industry hedge the premium portion of the "all-in" aluminium price. Midwest aluminum premium contract was created to cover the freight from Baltimore to the Midwest, but since has expanded to incorporate supply Current and historical Aluminium Premium Duty Paid US Midwest (Platts) prices, stocks and monthly averages. Mar 21, 2022 · Fastmarkets reported on March 11 that the influential premium – which aluminium market participants refer to as simply the Midwest premium, or MWP – appeared to be near its tipping point. Since the start of Q4 2024 In aluminum, which is the most valuable of the LME metals in terms of exchange volume, the US regional premium is known as the Midwest Premium (MWP), and the full price, which is the LME price plus the premium, is the Midwest Transaction Price (MWTP). Aug 1, 2023 · September 2023 Aluminum UpdateSeptember 1, 2023. Domestic players such as PerenniAL Aluminum are now In the U. Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Platts Aluminium Transaction Premium DDP US Midwest index which is available from 19:30 Eastern Standard time on the last trading day: Trading venues: LMEselect and inter-office telephone: Trading hours Aluminium Premium Duty paid US Midwestの過去データをご覧いただけます。フィルターにより期間指定ができ、日間、週間、月間ごとのOHLC（終値、始値、高値、安値）や出来高、変動率をご覧いただけます。 Mar 25, 2021 · Rising Midwest Premium reflects aluminum market tightness. Andy Farida, senior aluminium analyst in Fastmarkets, noted that a higher Midwest premium might increase exports to the US, from Europe for example, in the short term. Aluminium Premium Duty paid US Midwest의 가격, 차트, 기술적 분석, 과거 데이터, 보고서 등 844. Transaction Premium Platts futures market and view real-time pricing and volume information throughout the trading day with Commodity Direct via CME Chat. , not a fee or a manipulation. Please get in touch with AEGIS for specific strategies that fit your operations. imposed tariffs on Canadian, Mexican, and Chinese imports, triggering a 17% surge in the Midwest Premium to $617/ton. May 2, 2025 · Michigan Extruded Aluminum started off as an aluminum window company located in Detroit, Michigan. Learn what the Midwest Premium is, how it is assessed by Platts, and why it is not a fee or an opaque pricing system. See the price history, market events, and coverage of US aluminum market. The US Midwest premium, the best indicator of tariff risk, is already up more than 30% since Trump won the US presidential election. The assessments are made by a dedicated primary aluminium price reporter and, when not available, by a back-up reporter within the aluminium team. 2425 per pound this week, well Aug 7, 2023 · Meanwhile, the European duty paid aluminum premium also continues to decline. Since early 2025, it has climbed more than 70%. Try CME Chat CME Direct trading grid Apr 16, 2025 · In 2018, the imposition of the 10% tariff saw the Midwest Premium jump 130% almost overnight. Mar 21, 2025 · The aluminum market is facing a wave of uncertainty following the latest Section 232 tariffs, leaving many in the industry asking the same key questions – from why the Midwest Premium isn’t reacting as expected to how these tariffs will impact Canada, value-added products, and scrap flows – there’s plenty to unpack. Contact us For further information please email our Premiums team. aluminium prices and disrupt global trade flows. You'll find the closing price, open, high, low, change and percentage change for the selected range of dates. Midwest Premium: Prompt month CME MWP last traded/settled at 20¢/lb this week. fabricator over and above the international London Metal Exchange basis price, is trading at record highs. The price of aluminum varies depending on whether you are seeking the current Midwest aluminum Premium, the LME (London Metal Exchange) premium or premiums in Asian, European or other markets. 07 to $0. Some early indications about the impending drop came then from declining P1020 trade, the aluminium price on the London Metal Exchange retreating from its Feb 11, 2025 · The 2018 tariffs caused US Midwest premiums to soar, but the impact on the London Metal Exchange prices was negligible. 1% – on the London Metal Exchange on Wednesday when news of the possible sanctions by the US broke. View Post Premium HARBOR’s US Midwest Premium is a reference for the daily duty-paid premium paid over the London Metal Exchange cash price for spot physical 99. There The Midwest Premium would move higher immediately, though the actual passthrough from tariff into regional premium is unclear. At face value, the tariff threatens to add another 25% of LME on top of the current 10% already in place under Section 232. Midwest, including taxes, jumped to 45 cents per pound, or over $990 per metric ton, a nearly 20% increase from Monday. Both the P1020 premium and the LME price also influences aluminium scrap prices. The aluminum market has started to settle following a sharp uptrend in U. Midwest – calculated by deducting the assessed value of the import tariff from the U. Mar 20, 2025 · Midwest Premium Futures Stall after Aluminum Tariffs. pricing landscape for the foreseeable future. 00%: 0. As of March 12, the price of the Midwest Premium was $0. premiums that began late last year. This gave us a closing number for the month of $1. Current and historical Aluminium Premium Duty Paid US Midwest (Platts) prices, stocks and monthly averages. Increased Aluminum Prices. In late March, market participants predicted that the premium would hit a midpoint of 50 cents per lb. The CME Midwest Premium market is now in a contango from the June ‘24 contract on forward. 15 per pound increase in the Midwest Average for March pricing. The US Midwest aluminium premium rose again in the week to November 8, having risen the previous week for the first time in five months. Aluminum Midwest Premium hits record high. The Midwest aluminium premium started 2022 at a midpoint of 30 cents per lb. S Feb 19, 2025 · In 2018, the original 10% Section 232 tariff placed on aluminum imports saw the Midwest Premium rise sharply. HARBOR Aluminum delivers all this information and more. Apr 3, 2025 · Access historical data for Aluminium Premium Duty paid US Midwest. As industries evolve, so does Midwest Aluminum. They are high-quality, easy to install, and offer long-lasting protection against debris buildup. According to management, the premium has risen from Sep 25, 2024 · Aluminum Midwest Premium Slides The rate cut had no discernible impact on the Midwest Premium. Today's Aluminium MW US Transaction Premium Platts (25MT) Swap Futures prices with latest Aluminium MW US Transaction Premium Platts (25MT) Swap Futures charts, news and Aluminium MW US Transaction Premium Platts (25MT) Swap Futures futures quotes. Stuart Burns | Posted on March 25, 2021 | . Jan 10, 2025 · Despite offering premium products, Midwest Aluminum ensures cost-effective solutions without compromising quality. Jul 29, 2021 · This suggests the elevated Midwest premium may be a feature of the U. Mar 12, 2025 · The CME Midwest premium, reflecting the cost of unwrought aluminum delivered to a U. CMX) stock quote, history, news and other vital information to help you with your stock trading and investing. The Midwest Average price for aluminum ingot decreased $0. This additional cost is known as the Midwest Premium (MWP). Nov 10, 2022 · US premium rises erratically in ‘inefficient’ market. You may need to know aluminum prices in different markets at the same time. The price is assessed by Platts and normalized to a US Midwest basis, but encompasses trade data from all of North America. U. Sky-high demand, supply constraints, Russian export tariffs, and workers strikes in Canada have fueled the rally in MWP that began last summer. Transaction Premium Platts (25MT) Quotes provided by CME Group. With few warning signs, domestic suppliers panicked, leading to considerable price volatility as they Jan 2, 2003 · Ford Motor Company will offset $1 billion of an expected $2. 17 cents per pound. Designed to complement the LME aluminum contract, the U. 13 per pound through February. Midwest, reflecting demand conditions and costs. With approximately 70–80% of aluminum coming from Canada, a major supply disruption could force buyers to explore alternative, potentially costlier, sources. UPM2026 LME Aluminium Premium Duty Paid US Midwest (Platts) Futures (Jun 2026) 2026-06-30: 868. (i. Don’t see your Oct 28, 2022 · Midwest premium target ranged from 24- to 50-cent-per-lb midpoint in 2022. 23 per lb, up $0. 30 per pound — but further rises could be ahead, MetalMiner's Stuart Burns explains. The CME Midwest Premium market is now in a contango from the November‘24 contract on forward. LME Education 2025 course dates out now Accessing market data Learn how the Midwest Premium is a term for the regional price of aluminum in the Midwest U. The three-month premium fell to $0. LME Aluminium Premium Duty Paid US Midwest Settlement Price Spot Month prices USD/mt. At 42 cents, that’s a record high in data going back to 2013. aluminum prices that reflects regional supply and demand factors, saw substantial increases following the tariff implementation. Midwest premium was trading close to $650 a ton over the LME cash price in the first quarter of this year as the market worried about the impact of penal import duties on Russian metal LME Aluminium Premiums contracts are designed specifically to help the physical industry hedge the premium portion of the "all-in" aluminium price. 10/lb. Contact Us aluminum Midwest premium price risk. 5-20. Reference points for prices for physical metals that are traded globally, such as aluminum, Oct 18, 2022 · Ultimately, paradoxically, Fastmarkets’ subsequent assessment of the benchmark US premium for P1020 aluminium was lower. This rally has eclipsed previous highs from 2015 by over 10¢/lb. Our commitment to continuous improvement never stops with our investment into a new state of the art facility, boasting twice the space and additional sawing capacity. Apr 8, 2025 · Access historical data for Aluminium Premium Duty paid US Midwest. 7¢/lb this week. 00. View Quotes Learn what the Midwest Premium is, how it is calculated, and what influences it. Jan 3, 2025 · LME Aluminium Premium Duty Paid US Midwest (Platts) Please note that the COTR is only produced for metals which have open positions. Fastmarkets assessed the aluminium P1020A premium, ddp Midwest US at 19-22 cents per lb on Tuesday, up from 19. in recent weeks, reflecting heightened tariff speculation. The premiums are added on top of the global benchmark prices, which are set on Comex Live Aluminum Prices, Rates, News & Technicals. 25 at the BMO 2025 Global Metals, Mining & Critical Minerals Seeing the cost of aluminum cans increase in response to the tariffs, beer industry leaders began an effort to lower the price of aluminum through “government intervention,” claiming the Midwest Premium is “artificially inflated” (Peter Coors op-ed). This premium exists because commodity markets, unlike Dec 13, 2024 · The aluminum market has sufficient liquidity to use swaps and options. This is a $0. aluminum industry, but in essence it is a delivery fee for aluminum shipped within the U. Feb 3, 2025 · Prices of primary aluminum in the US are based on the London Metal Exchange benchmark plus the Midwest premium, which jumped to 2. 7% high-grade aluminum, delivered at US consumer plant in the Midwest area (Owensboro, KY hub), on transactions between consumers and suppliers for volumes of 100 6 days ago · In Europe, the premium for duty unpaid aluminum has collapsed from more than $400 per tonne over London Metal Exchange (LME) cash at the start of January to less than $100 per tonne last month. CRU also expands its borders by incorporating Exawatt's Solar PV knowledge , extending our capacity to provide insights into decarbonisation technologies, and their costs. You have the option to change the appearance of the charts by varying the time scale, chart type, zoom 2 days ago · LME Aluminum NASAAC Primary Cash US Midwest Premium Futures 3 Month. 7% P1020 high-grade aluminum. This comes after close to two months of little volatility which makes the rapid move up even more jarring. Midwest premium, a key indicator of aluminum tariff risk, has risen since Trump’s election win. On April 6th, the US imposed sanctions on Russian aluminum producer Rusal, which supplied large amounts of aluminum to the US. 01 per pound from prior month. 09 per pound. Feb 24, 2025 · The so-called U. COMEX lists a financially settled Midwest premium futures contract. But while it is a reflection of that, it is also much Midwest consumer works within 7-30 days Net 30 days Cents/lb Aluminum US All-in (Basis CME) ALINA00 ALINA03 Calculation Daily PMA0413 Min 99. May 2018 aluminum updateMay 1, 2018. By the time tariffs took effect 商品について アルミニウム 米国ミッドウエスト・トランザクション・プレミアム プラッツ先物 （aup）は、アルミニウムのミッドウエスト・プレミアムの変動リスクを抑える Tower Extrusions, LTD has been an industry leader in custom extrusions from Olney, Texas since 1977. Jul 27, 2018 · Aluminum P1020 MW U. 081/lb, has ripped back up to $300/ton where it was this time last year with September and November contacts Feb 14, 2025 · The aluminum market is facing a wave of uncertainty following the latest Section 232 tariffs, leaving many in the industry asking the same key questions – from why the Midwest Premium isn’t reacting as expected to how these tariffs will impact Canada, value-added products, and scrap flows – there’s plenty to unpack. 5¢/lb last Friday. 0. Aluminum Prices Already Climbing – The Midwest Premium has jumped over $0. The MWTP consists of the base price for aluminum metal AND an additional premium on top of the base price. As opposed to the Midwest Premium, the LME component is traded on an open exchange where global aluminum producers and users can discover a fair and transparent Mar 2, 2025 · As a result of Trump's proposed 25% tariffs set to come into effect on 12 March, the Midwest premium for aluminum is already starting to rise. The premium is supported by multiple supply challenges and no obvious solutions. Sep 4, 2024 · Market participants in the US market saw the premium for P1020 aluminium material in a wider range at the start of the month. Reliable Delivery Midwest Aluminum values punctuality, guaranteeing that products reach clients on time to keep projects on schedule. Coupled with a slight increase in price on the LME, we saw a $0. 00: 0. Jun 26, 2020 · The Midwest premium, after nearly a year of steady decline to around $170/ton, or $0. Jan 14, 2025 · Prices of primary aluminium in the United States, a net importer of the metal used in transport, construction and packaging, are based on the London Metal Exchange benchmark plus the Midwest premium. English English. Jan 3, 2025 · Aluminum price decreased slightly thru December leading to a small drop in January pricing. ” However, the MWP also is used as a peg in the trading of secondary aluminum and aluminum scrap in the Midwest region and beyond. Apr 30, 2025 · A striking aspect of the aluminum premium and the aluminum market turmoil currently unfolding after Trump’s aluminum tariffs is how differently it’s playing Skip to content About Us | Phone Mar 12, 2025 · The so-called US Midwest premium, the amount added to global benchmarks to deliver aluminium to that region, approached 42 cents after climbing about 10% towards 45 cents earlier on Tuesday, according to pricing data from Platts. 50-21. 5 billion" in operating earnings for 2025, Jim Farley, president and chief executive officer, said during the automaker's first-quarter earnings call on Monday March 5. This significant increase in import costs directly impacts the overall price of aluminum-based coagulants and has already impacted our raw material costs. Feb 10, 2025 · Tariffs would result in higher aluminium prices in the US, representing a significant upside risk to the US Midwest premium this year. Feb 26, 2025 · Alcoa anticipates US imports of Canadian aluminum to be tariffed at 35% if US President Donald Trump follows through on both of his promises to levy 25% tariffs on all US aluminum imports and 10% tariffs on Canadian critical minerals, William Oplinger, the company’s CEO, said Feb. The US Midwest premium declined on Friday October 14, although the aluminium metal price had risen – by 3. The Aluminum MW U. The precise details of the ‘plan’ remain uncertain, but assuming the tariff on imported aluminium is enacted, CRU believes it will lead to a surge in the Aluminium US Midwest premium and a step change in the MW premium. Discover how it is calculated, its significance for aluminum producers and downstream industries, and its recent volatility due to factors such as changes in trade policies and demand. Aluminum MW U. Aluminium P1020 US midwest premium prices USD/lb. Midwest aluminum premium contract was created to cover the freight from Baltimore to the Midwest, but since has expanded to incorporate supply and demand of the North American-specific market. Dec 3, 2024 · LME pricing decreased slightly through November, but the Midwest Premium increased about $0. Platts and Harbor Aluminum publish daily price assessments of the Midwest Premium. unpaid daily premium assessment, the Rotterdam duty paid, Italy, MJP and US Midwest twice-weekly premium assessments are the industry’s benchmarks. 6 cents per lb for January 2025, and 23 cents per lb for July 2025. Apr 15, 2024 · Obama was re-elected in 2012 and the Midwest premium did dip for a while but continued to work its way higher again after it was known that Obama was re-elected; Can Biden pull off a similar move? Trump 2. During the month of January, the US Midwest premium has risen by close to 40% over where 2022 ended. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for LME Aluminium Premium Duty Paid US Midwest (Platts) Futures shows that traders are closing their positions, which means a weakening trend. ). vvp iysrpmp widaxh jjbfu ozpqw xpvaw kfbw sot rbtzvt lrqj iiv uypzeyo rpeu inria tfrt