1. LME price fell… % amid profit-taking selling, erasing weekly gains and failing to breach the $… per mton resistance zone.
2. RERUN: SPECIAL ANALYSIS – US ALUMINUM. Why US Sanctions on Rusal seem unlikely.
For more details, please see our full Special Analysis released on October13.
3. ALERT! – EUROPEAN P1020. PLUNGE CONTINUES: European P1020 premiums gap down to as low as $… per mton.
4. ALERT! – EUROPEAN PFA. FURTHER DOWN: European PFA spot premiums weaken further to as low as $… per mton.
5. ALERT! – EUROPEAN BILLET. BEARISH WAVE ON: North European and Polish billet premiums also down to $… per mton.
To see our full European Billet Market Intel and Premiums assessment, please subscribe to HARBOR’s specialized European Billet Intelligence Report.
6. EUROPE SCRAP ALERT. GETTING WORSE: Demand contraction now evident across the supply chain.
For more details, please subscribe to our specialized Europe Scrap Intelligence Report.
7. China’s aluminum price ends the week hardly changed amid range-trading.
8. LME Cash–3M spread flattens to zero as backwardation ahead of November remains steep; inventory inflows continue.