1. LME price rises but continues to trade below the $2,700 per mton resistance level.
LME Cash aluminum prices closed the session up 0.7% or $17 per mton, at $…per mton. LME 3M aluminum prices tested early in the session a two-week intraday low of $… per mton, still pressured lower by…
2. ALERT! – EUROPE ALUMINUM. EUROPE EMULATING TRUMP: EU confirms aluminum imports investigation coming soon.
The European Union released today its Action Plan for the Steel and Metals Industry, confirming it “stands ready” to…
3. SPECIAL ALERT! – US CANSHEET. CHINESE CANSHEET EVAPORATES: Multi-layered Tariffs evaporate US imports of Chinese cansheet.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
4. China’s aluminum prices fell to a new two-week low.
SHFE front-month aluminum prices closed today’s session down 0.8% at… yuan per mton, marking a new two-week low. Prices initially fell toward their technical support zone, hitting a…
5. LME Cash-3M backwardation widens again; tightness persists through May (bearish P1020 premiums).
The Cash-3M backwardation increases to $… per mton, from yesterday’s one-week low of $…per mton. The Cash–April backwardation narrowed to…