“The entire supply chain of the light metal is being impacted, with premiums rising, including in the United States,” Fernando Garcia Martinez, vice president of operations at Mexican aluminium institute IMEDAL, told Fastmarkets this week. Fastmarkets’ daily assessment of the aluminium P1020A premium, ddp Midwest US was at $19.50-22.00 cents per lb on Friday. The premium had risen by 3.70% on Thursday May 2, to $20.00-22.00 cents per lb from $19.00-21.50 cents per lb on May 1. Companies in sectors such as auto parts, air conditioning and extrusions are closing doors temporarily, according to Garcia Martinez. The auto ... (full story)