1. LME price drops $32 per mton as China demand concerns linger and oil prices plunge. Range-trading pattern continues within the $2,550-2,700 per mton zone.
LME Cash aluminum prices closed the session down 1.2% or $32 per mton, closing at $…
2. China’s aluminum prices retreat amid domestic demand concerns.
SHFE front-month aluminum closed 0.6% higher at… yuan per mton ($2,596 per mton, ex VAT). However, prices trimmed gains in after-hours trading, falling toward…
3. ALERT! – MATING SEASON SERIES – EC WIRE SCRAP. Demand for purity scrap grades on the rise.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence”report.
4. ALERT! – MEXICO SECONDARY SCRAP. ONLY SECONDARY UNITS: Mexican scrap consumers looking for old cast and sheet.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence”report.
5. LME far-end contangos tighten further to six-month lows; Cash–3M contango widens but still unattractive.
The Cash-3M contango widened to a two-week high of $… per mton (a 5.3% annualized yield) from $…