LME price under selling pressure; US MW spot premium consolidates below… cent/lb

1. LME Cash price hovering around $… per mton as selling continues to cap the upside.

2. ALERT! – US MW PREMIUM – from HARBOR’s Pricing Unit. BELOW… cent/lb: MW spot premium consolidates below… cent/lb.

3. ALERT! – BILLET MEXICO PREMIUMS. OFFSHORE PUSHES DOWN PREMIUMS: Mexico’s billet premiums down to $… per mton.

4. ALERT & ANALYSIS! – BALL CORPORATION. FOCUSING ON PACKAGING ONLY: Ball Corporation Agrees Sale of its Aerospace Business.

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5. ALERT! – BARE 6063 EXTRUSIONS. SUPPLY FALLS TOO: Extrusion scrap discounts narrow.

For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.

6. LME Cash-3M contango narrows to a two-month low amid a tighter Cash-September spread.

7. SHFE aluminum prices stuck below technical resistance zone.