Platts proposes A413.1 aluminum alloy assessment

Platts is proposing to begin an assessment for A413.1 secondary aluminum alloy, effective July 1.

The proposed specifications will be: A413.1 ? 11-13% Si, 1% max Fe, 0.6% max Cu, 0.35% Mn, 0.1% Mg, 0.5% Ni, 0.5% Zn, and 0.15% Sn.

Platts will assess the A413.1 market twice a week (Mondays and Thursdays) for Midwest delivery within 30 days, customer works, payment net-30 to net-60 days, 45,000-lb truckload amounts.

The assessment represents a range of spot transactions conducted by a survey of US secondary aluminum smelters, diecasters, foundries, automotive companies, traders and brokers.

Please address any comments by May 14 to: Tina Allagh, 202-383-2257, tina_allagh@platts.com, or Meghann McDonell, 212-904-2929, meghann_mcdonell@platts.com.