1. LME price falls and remains stuck at a two-year low trading range. Next technical target remains $.. per mton.
2. ALERT! – US PFA. SINGLE DIGITS AHEAD? Bearish US PFA upcharge outlook, HARBOR downgrades auto build rate forecasts.
3. ALERT! – EUROPE SLAB. FURTHER PREMIUM DECLINES? Worsening EU FRP market conditions adding bearish pressure to regional spot slab premiums.
4. ALERT! – BRAZIL P1020. MELT DOWN: Brazil’s P1020 premiums gap down to as low as $… per mton.
5. ALERT! – EUROPEAN ROLLING MILL. MARKET REMAINS SOFT: Europe FRP demand continues to disappoint.
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6. ALERT! – CANSHEET WORLD. NEW CAN CAPACITY: Orora opens new multi-size beverage can line.
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7. ALERT & ANALYSIS! Mexico’s UBC scrapyard intake plunges.
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8. ALERT! – US OLD CAST. STALLED: Old cast prices moves sideways amid weak demand and thin supply.
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9. LME Cash-3M contango tightens to two-month lows, hovering around break-even levels for cash-and-carry deals.
10. SHFE aluminum prices hover around short-term resistance levels.