1. LME Cash aluminum prices fall to eight-month lows around $… per mton.
2. ALERT! – US BILLET. DEEP DEMAND CONTRACTION: US billet offshore imports plummet as extruders see deeper demand contraction.
3. ALERT! – EUROPEAN P1020. GIVES IN: European P1020 premiums give in to bearish pressures after trading sideways since April.
4. ALERT! – EUROPE MILL GRADE SCRAP. WEAKEST: Spot mill-grade scrap activity gone amid deep demand contraction and shrinking supply.
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5. ALERT! – US A380.1. ILLUSIVE: A380 spot market keeps weakening.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
6. LME Cash-3M contango yield showing ample metal availability, far-out spreads widen.