1. LME prices bounce to the midpoint of the $2,500-2,750 per mton zone, as range-trading mode continues.
LME 3M month prices increased to $… per mton before selling emerged and pushed prices back to $… per mton. LME Cash aluminum prices closed the session up 1.1% or $28 per mton at $…
2. ALERT! – ALUMINUM PRODUCTION. ALUMINA PRICES HIT SMELTING: Rusal to curtail 250k mtpy of smelting capacity amid higher raw material prices.
High alumina spot prices have forced Rusal to initially curtail 6% of its primary aluminum production. Rusal has decided to curtail…
3. China’s aluminum price hovers around support.
SHFE front-month aluminum prices closed today’s session hardly changed at… yuan per mton…
4. ALERT! – MATING SEASON SERIES – MEXICO A380. A380 deals for 2025… cent/lb discounts.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
5. LME Cash–3M contango narrows from one-week highs as tightness emerges ahead of February (bearish P1020 premiums).
The Cash-3M contango tightened to $… per mton (a 4.2% annualized yield) from a one-week high of $…