LME price up to $2,600 per mton; Muted P1020/Billet market appetite in Brazil

ALERT! – US MW PREMIUM from HARBOR’s Pricing Unit.
 

1. LME price rebounds to a one-month high, approaching the mid-point of the $2,500-2,750 per mton range.

Cash aluminum prices rose 1.8% to close the session at $… per mton. Prices increased amid reports of a proposal for import restrictions on Russian primary aluminum by…

2. China’s aluminum prices capped at four-week high.

SHFE front-month aluminum prices closed today’s session down 0.7% at… yuan per mton but reversed all losses in after-hours trading, climbing back to…

3. ALERT! – US MW PREMIUM from HARBOR’s Pricing Unit. PSYCHOLOGICALLY BULLISH: MW spot premium up again amid the potential tariff threat.

MW spot premium continues rising to fresh…

4. ALERT! – BRAZIL. SLOW START: Brazil’s P1020 and billet market appetite muted in early 2025.

P1020 and billet demand anticipated to remain…

5. LME Cash-3M contango tightens to three-month lows (bearish P1020 premiums).

The Cash-3M contango tightened to a three-month low of $… per mton, from $.. per mton previously…

 

Request a Sample

Previous Article LME price down as selling re-emerges; LME Cash-3M contango widens Next Article LME price reaches mid-point of the trading range; EU PFA premiums decline to $... per mton
icon-angle icon-bars icon-times