European primary aluminum market faces uncertain start to 2023

Mixed outlooks and cautious optimism set the tone for the primary P1020 European aluminum market this year, following 12 months marked by overbooking and volatile supply, which have resulted in a more wary tone and altered buying habits. European duty-paid premiums were assessed unchanged through the week ended Dec. 30 at London Metal Exchange cash plus $240-$270/mt in-warehouse Rotterdam. This…