1. LME Cash aluminum price falls to $… per mton, now down 10% or $… per mton so far in 2024.
2. China’s aluminum prices down to interim technical support zone, falling by… % so far this year.
3. ALERT! – EUROPE P1020. FURTHER UP: Europe P1020 premiums rise to four-month highs on Red Sea disruptions.
4. ALERT! – EUROPEAN PFA. RED SEA BULLISH WAVE: European full spot PFA premiums rise to as high as $540 per mton as Red Sea issues bite.
5. ALERT! – US A380.1. STEADY AT 25-MONTH LOWS: A380.1 alloy spot market remains tepid.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
6. ALERT! – US SCRAP WHEELS. SUPPLY SETS THE FLOOR: Scrap wheels prices increase amid lower availability.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
7. LME Cash-3M contango narrows to a one-week low but remains profitable for new cash-and-carry deals amid market surplus.