1. ALERT! – LME PRICE. LME price rallies to fresh seven-month highs amid weekly increase of $…. per mton or… %, awaiting breakout confirmation next week.
2. China’s aluminum price rebound toward two-week highs.
3. RERUN: ALERT! – EUROPEAN P1020. FIRMS UP: European P1020 duty-paid premiums inch up on the low end of range.
4. ALERT! – BRAZIL. CAUTIOUSLY OPTIMISTIC: Brazil’s spot P1020 and billet demand remain subdued; billet market mood is improving.
5. ALERT! – US ROLLING MILL. UNDER STRESS: Challenging start of the year for the North American flat-rolled products market.
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6. ALERT! – US SCRAP. UBC discounts widen above… cent/lb amid rallying MWTP.
For more details, please subscribe to HARBOR’s specialized US and Mexico Aluminum Scrap Intelligence Report.
7. ALERT! – EUROPEAN SCRAP. SLIGHT IMPROVEMENT: Demand picks up a bit as market resumes activity, prices trade sideways.
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8. LME Cash–3M contango narrowed to two-week lows, near break-even levels for cash and carry deals.