Some Japanese aluminium buyers have agreed to pay global producers a premium of $108 per metric ton over the benchmark price for shipments from July to September, down 41% from this quarter, four sources directly involved in the talks said. The figure is down from the $182 per ton paid in April to June and marks a second consecutive quarterly decline. But it is below initial offers of $122 to $145 per ton made by global producers. Aluminium hits three-month highs after US airstrikes on Iran Japan is a major Asian importer of the light metal and the premiums for primary metal shipments it agrees to pay each quarter ... (full story)