1. LME prices up to fresh three-month high as energy price rally continues; aluminum prices have historically struggled to sustain levels above $… per mton.
2. China’s aluminum prices rebound from a one-week low amid technical support.
3. EUROPEAN ALUMINUM ALERT. ENERGY CRUNCH: European aluminum producers call for government support amid energy crisis.
4. US PFA ALERT. WITH UPSIDE: PFA demand expected to gradually recover throughout the year amid tight supply.
5. GREEN ALUMINUM MONITOR: Latest green aluminum news.
For more details, please see our full “Green Aluminum Monitor” released earlier today.
6. US EXTRUSION SCRAP ALERT. KEEPS GETTING TIGHTER: Discounts on new bare 6063 scrap narrow even further.
For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.
7. LME Cash–3M backwardation eases, still bearish for P1020 spot premiums.
More details in full report.