1. Door for a sooner-than-expected visit of $… per mton could officially open tomorrow, as LME prices close below $… per mton for the second day in a row amid end-user demand contraction signals from the US and Europe.
2. US MW PREMIUM ALERT. NEW LOWS: MW premium confirmed as low as… cent/lb.
3. SPECIAL ALERT! – US HIGH PURITY ALUMINUM. A MATTER OF NATIONAL SECURITY: Hawesville’s curtailment leaves the US and allies without key aluminum supply for defense and aerospace purposes.
4. EUROPEAN BILLET ALERT. FALLS FURTHER: European billet spot premiums decline extends.
To see our full European Billet Market Intel and Premiums assessment, please subscribe to our specialized European Billet Intelligence Report.
5. GREEN ALUMINUM ALERT. UBC RECYCLING RATE EFFORTS: Can makers fund initiative to increase recycling rates.
6. China’s aluminum prices reach six-month lows.
7. LME Cash–3M contango narrows to one-month lows; far end contangos still insufficient for cash-and-carry deals.