June 14, 2022
US MW PREMIUM ALERT.
1. ALERT! – LME PRICE. HARBOR’s FORECAST MATERIALIZES: LME plunges to HARBOR’s $… per mton price forecast level.
2. US MW PREMIUM ALERT. MW IN FREE FALL: MW premium falls below… cent/lb.
3. China’s aluminum prices down and nearing five-month lows.
4. EUROPEAN ROLLING MILL ALERT. OWNERSHIP SHIFT ANNOUNCED: AIP announces Aluminum Duffel mill ownership.
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5. LME far end backwardations narrow further to one-year lows; spreads remain loose at front end of curve.