1. LME prices rally the most in two weeks; door remains open for quick visit to $… per mton zone.
2. SHFE aluminum prices extend last week’s rally to new thirteen-year highs.
3. US MW PREMIUM ALERT. FRESH NEW RECORD HIGHS: MW P1020 up at… cent/lb, discounting re-emerges.
4. EUROPEAN BILLET UPDATE. SPOT PREMIUM RANGE UP: European spot billet consolidates above $… per mton. To see our full European Billet Market Intel and Premiums assessment, please subscribe to our specialized European Billet Intelligence Report.
5. MEXICO SECONDARY ALERT. FALLING SECONDARY DEMAND: Mexican Casters slash demand by… %. For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.
6. GREEN ALUMINUM ALERT: GREENER MEANS MORE SCRAP: Mytilineos expands recycled aluminum production, while aiming for lower and greener energy consumption.
7. LME spread tightness persists at both front and far ends of the curve (still short-term bullish for P1020 premiums).
More details in full report.