1. LME price up after reaching fresh three-week lows.
LME Cash aluminum prices closed today at $…
2. China’s aluminum prices regain some ground after falling to fresh three-week lows.
SHFE front-month aluminum prices ended the session up 1.2% at…
3. ALERT! – AUTOSHEET DEMAND. BEARISH WINDS INTENSIFY (AS EXPECTED): Auto demand weakening, build rates to follow.
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4. ALERT! – EUROPE ROLLING MILL. SLOWLY RESTARTING: Novelisrestarting Sierre hot mill, more work to be done.
For more details, please subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
5. RERUN: ALERT! – EUROPEAN BILLET. RETURN OF THE BEAR: EU spot billet premiums decline for first time in 2024.
To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “ European Billet Intelligence” reports.
6. ALERT! – MEXICO EXTRUSION SCRAP. ONE MONTH HIGHS: Clean 6063 scrap prices rise again despite limited demand.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
7. LME Cash–3M contango widens to one-week highs, still unattractive for inventory financing (bearish premiums).
The Cash-3M contango widened to a one-week high of $…