1. LME Cash price retreats 2.2% toward the $2,550 per mton support zone as Chinese economic stimulus skepticism grows.
LME Cash aluminum prices fell to $2,555 per mton, closing lower by 2.2% or $5…
2. China’s aluminum prices fall from four-month highs amid stimulus disappointment.
Prices declined after opening the week at fresh four-month highs. SHFE front-month aluminum prices closed the session up 0.5% at…
3. SPECIAL ALERT! – US ROLLING MILLS. S.232 APPROVALS CRATER: 10% duty exemption approvals plummet for aluminum sheets/plates.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
4. ALERT! – US UBC. MILL PROFITABILITY FALLS FURTHER : UBC discounts tighten again to… cent/lb.
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5. LME October–November backwardation dissipates, Cash–3M contango widens to two-month highs.
The Cash-3M contango widens sharply to a two-month high of $…