12 Jan 2015 | 09:07 UTC — Washington

SUBSCRIBER NOTE: Platts clarifies freight in US aluminum premium

Platts is making a minor change to its methodology and specifications for the US Aluminum Transaction premium assessment to update the typical freight cost range for an average Midwest user of P1020 aluminum.

Based on current industry feedback, the range as of January 2015 is 2.0-2.5 cents/lb.

Platts is updating its methodology on www.platts.com to reflect this clarification.

Any questions may be addressed to Karen McBeth, karen.mcbeth@platts.com; Tina Allagh, tina.allagh@platts.com; or Sarah Baltic, sarah.baltic@platts.com.