In the past week, European 1050 aluminum saw its price shift up 1.3 percent to EUR 2,064 ($2,850) per metric ton. Following a steady week, prices for Chinese aluminum bar closed flat at CNY 14,200 ($2,343) per metric ton.
The weekly US Gulf Coast bar fuel surcharge rose 1.5 percent to $0.54 per mile after falling 0.2 percent during the previous week. The weekly US Rocky Mountain bar fuel surcharge rose 1.4 percent over the past week to $0.54 per mile. The weekly US Midwest bar fuel surcharge settled at $0.52 per mile this week after shifting up 0.7 percent.
The Construction MMI® collects and weights 9 metal price points used within the construction industry to provide a unique view into construction industry price trends. For more information on the Construction MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.