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2026-04-08 23:17:52
[Two Major US Aluminum Giants Raise Product Premiums Due to Import Disruptions in the Middle East] Rio Tinto and Century Aluminum, major US aluminum suppliers, have raised premiums for key semi-finished aluminum products by approximately 12%. Industry sources indicate that import disruptions caused by the Middle East situation are the primary reason for the price increase. The two companies have raised aluminum billet premiums by about 3 cents per pound compared to pre-conflict levels, equivalent to $110 per ton. Rio Tinto is also pushing customers to accept multi-year supply contracts based on higher rates. Neither company has responded to inquiries regarding this matter.
