LME price slides below $… per mton; LME Cash–3M contango widens to $… per mton

 
ALERT! – RUSSIAN ALUMINUM.

1. LME price pull-back continues.

2. RERUN: ALERT! – RUSSIAN ALUMINUM. NO SANCTIONS, BANS, OR NEW DUTIES: As HARBOR anticipated, the US and LME have not sanctioned or restricted Russian aluminum.

3. China’s aluminum price up toward resistance levels.

4. LME Cash–3M contango remains near a five-month high; nearby and far end yields are still unattractive.

 

Request a Sample

Previous Article Expecting LME Prices to Hit New Lows Ahead Next Article LME price hovers around $... per mton; European P1020 and billet premiums fall continues
icon-angle icon-bars icon-times