LME Cash up and around $… per mton; LME Cash-3M contango at… per mton

July 11, 2023

ALERT! – BRAZIL ROLLING MILL.

1. LME price rallies to a one-week high.

2. SHFE aluminum prices trapped within a narrow range near recent one-week lows.

3. ALERT! – BRAZIL ROLLING MILL. Brazil imposes countervailing duty against some Chinese FRP imports.

For more details, please subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.

4. ALERT! – SOUTH AFRICA ROLLING MILL. ON STRIKE: Hulamin workers strike in South Africa, operations impacted.

For more details, please subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.

5. UPDATE! – WORLD SMELTING PRODUCTION COST. DOWNTREND CONTINUES: World aluminum smelting costs fall further.

For more details on world aluminum smelting cost trends and figures, subscribe to HARBOR’s “Aluminum Smelting Cost” report.

6. LME Cash-3M contango narrows from three-year highs.

 

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