1. SPECIAL ALERT! CHINA. NO GAME-CHANGER FOR ALUMINUM: Chinese economic stimulus not bullish for aluminum.
We remain skeptical about the potential impact of China’s latest stimulus push on aluminum demand and prices. Today’s announcement seems more like a…
2. LME Cash prices rally $80 per mton after China vows to introduce additional economic stimulus to revive its struggling economy.
LME Cash aluminum prices climbed today to a three-month high of $…
3. China’s aluminum prices reach fresh two-month highs on economic stimulus optimism.
SHFE front-month aluminum prices closed the session down 0.4% at…
4. LME Oct–Nov backwardation widens, Cash-3M contango narrows to one-week low (bearish premiums).
The Cash-3M contango tightened to a one-week low of $…
5. ALERT! – EUROPE P1020. BEARISH PRESSURE RETURNS: Europe P1020 spot premiums trading at the low end of the range.
European P1020 premiums remain stuck since May, with most transactions now at the low end of the range, pressured by plunging container rates and a backwardation
6. ALERT! – EUROPEAN BILLET. DEMAND IS AN ISSUE: EU billet demand deterioration deepens.
To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “European Billet Intelligence” reports.
7. ALERT! – EUROPEAN ROLLING MILLS. OPERATIONS RESTARTED: Novelis Sierre mill production back by end-Oct.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
8. SPECIAL ALERT! – US COMMON ALLOY. US MILLS UNDER PRESSURE: US 5052/3105 prices fall to fresh lows, 2025 contracts impacted.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.