October 2, 2024
1. ALERT! – US BILLET. DETERIORATION: US extruders dealing with weakening demand (From September 30).
2. ALERT! – EUROPE P1020. BEARISH PRESSURE RETURNS: Europe P1020 spot premiums trading at the low end of the range (From September 26).
3. ALERT! – EUROPEAN BILLET. DEMAND IS AN ISSUE: EU billet demand deterioration deepens (From September 26). Extrusion demand deterioration seems now taking a commanding role over billet supply concerns. Spot billet premiums unchanged this week. To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “European Billet Intelligence” reports.