LME price down to 17-month lows with door open for $… per mton; US Section 301 duties to remain in effect

 
ALERT! – US TARIFFS.

1. LME price falls further into HARBOR’s forecasted target zone. Door is open for $… per mton.

2. ALERT! – US TARIFFS. WILL CONTINUE: US Section 301 Tariffs against China remain in effect.

3. ALERT! – US ROLLING MILL. FORCE MAJEURE LIFTED: Kaiser Warrick going back to full production.

For more details, please subscribe to our specialized Aluminum Rolled Products Intelligence Report.

4. ALERT! – EUROPEAN ROLLING MILL. COMMON ALLOY PRICES DIVE: Conversion prices on common alloy down on weakening demand and uncertain outlook.

For more details, please subscribe to our specialized Aluminum Rolled Products Intelligence Report.

5. GREEN ALUMINUM ALERT: ONLY GREEN ALUMINUM: Hydro Extrusions avoiding non-green aluminum brands.

For more details, please subscribe to our specialized Green Aluminum Monitor Report.

6. China’s aluminum prices stuck in range-trading mode.

7. LME Cash–3M backwardation dissipates to widest contango in seven weeks, following large inventory inflow in Asia.

 

Request a Sample

Previous Article Door open for $2,000 per mton; Mounting bearish pressure hits European premiums Next Article LME price bearish momentum continues; European smelting cutbacks fall short of ongoing demand contraction
icon-angle icon-bars icon-times