AMU Explainer: Netback calculations
Netback calculation is a mechanism to determine the highest revenue return for a product expressed on an FOB smelter basis.
Netback calculation is a mechanism to determine the highest revenue return for a product expressed on an FOB smelter basis.
The Federal Reserve held rates steady while modestly raising inflation and growth projections, highlighting uncertainty tied to geopolitics and tariffs.
The market has been naturally fixated on the disruption of aluminum exports from the Persian Gulf. However, there is another shipping problem that also may have repercussions on the movement of manufactured goods originating in the Pacific. That is extreme congestion at the Panama Canal.
These producers are not rookies. They understand how to manage the long supply chains from the Gulf into the US.
The war in the Persian Gulf is still fluid and the risk to production and shipments remain grave
February aluminum imports fell sharply despite strong Midwest premium incentives, leaving US inventories at roughly two weeks of demand and raising the risk of higher physical premiums amid tight supply and geopolitical uncertainty.
US Customs and Border Protection concluded the first of two scheduled auctions of seized extruded aluminum pallets on Feb. 19.
The goal is to provide you with a snapshot of the market as it is.
A deal between Rio Tinto and Aluminum Corporation of China Limited (Chalco) to acquire Votorantim’s 68.6% interest in Companhia Brasileira de Alumínio (CBA) in Brazil has left some people scratching their heads.
As Century and EGA team up for a smelter in Oklahoma, what do each bring to the table?