Subscriber Note: Platts adds aluminum B390 alloy assessment June 10

Platts has added a new twice-weekly price assessment for B390 secondary aluminum alloy, delivered US Midwest, effective June 10. Specifications will be: US B390.1 -- 16-18% Si, 1.3% max Fe, 4.0-5.0% Cu, 0.50% Mn, 0.45-0.65% Mg, 0.10% Ni, 1.4% Zn and 0.20% Ti. Platts will assess the B390.1 market twice a week on Mondays and Thursdays (except for changes during holiday weeks). The assessment will reflect B390.1 for Midwest delivery within 30 days, delivered customer works, payment net-30 to net-60 days, 45,000-lb truckload amounts. The assessment will be published in a narrow low-high range reflecting the majority of concluded deals, bids and offers reported through a survey of US secondary aluminum smelters, diecasters, foundries, automotive companies, traders and brokers. The price assessment is available on Platts Metals Alert on PMA 300, in Metals Daily page 2 Secondary Aluminum table, in Metals Week daily price table, and in the monthly aluminum price lists on PMA and in Metals Week.