1. LME prices basically unchanged w/w with volatility declining.
2. China’s aluminum prices end week with losses.
3. RERUN. LME PRICE ALERT. MORE METAL AVAILABLE: LME live-warrants spike amid backwardation and bearish premium outlook.
4. EUROPEAN BILLET ALERT. OFFSETING FORCES: Bullish billet demand and domestic supply issues continue to temporary neutralize a series of bearish factors.
To see our full European Billet Market Intel and Premiums assessment, please subscribe to our specialized European Billet Intelligence Report.
5. EUROPEAN SCRAP MARKET. TWITCH DEMAND UP: Secondaries favoring twitch over lower quality items.
To see our full market intel on the European scrap market, please subscribe to our specialized Europe Scrap Intelligence Report.
6. US ALUMINUM SCRAP ALERT. SECURING SCRAP UNITS: US consumers pushing for scrap units before year-end.
7. GREEN ALUMINUM MONITOR: Artificial Intelligence, Green Aluminum & More.
For details, please see our “Green Aluminum Monitor” released earlier today.
8. LME December–January backwardation holds wide (bearish for P1020 premiums).
More details in full report.