1. LME PRICE ALERT. Biggest LME weekly plunge in 15 years; $… would be next target if $… support falls.
2. SHFE aluminum prices plunge… % w/w to a two-month low.
3. EUROPEAN P1020 UPDATE. DISCOUNTS WIDEN: European P1020 premiums weaken further amid growing bearish factors.
4. EUROPEAN BILLET UPDATE. More signs of a potential inflection point.
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5. EUROPEAN SCRAP MARKET. DEMAND DESTRUCTION: Prices keep rising, but activity and 2022 negotiations are drying up.
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6. US WIRE ROD ALERT. LESS OFFSHORE SUPPLY AHEAD: Spike in next year’s ocean container costs to further impair offshore EC rod supply competition in the US.
7. MEXICO SECONDARY ALERT. PRICE REVERSION: Silicon prices plunge 30%, secondary ingot activity stalled.
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8. LME nearby contango widens.