1. LME cash price testing two-month lows below $… per mton, targeting the $… per mton zone in the short term.
2. ALERT! – EUROPE SLAB. SUBDUED: Tough European slab demand conditions linger.
3. China’s aluminum prices up marginally from one-week lows.
4. ALERT! – US ROLLING MILL. GROUNDBREAKING: Aluminum Dynamics begins construction of new rolling mill.
For more details, subscribe to HARBOR’s “Aluminum Rolled Products Intelligence” Report.
5. RERUN: ALERT! – CHINA ALUMINUM GREEN PRODUCTION. TO BECOME WORLD’s GREENEST: Yunnan sees green smelting projects as a top priority, with more expansions coming.
For more details, please see HARBOR’s “Alert! – China Aluminum Green Production” released yesterday.
6. LME Cash–3M contango remains near fifteen-year highs amid ample metal availability.