LME price falls below $… per mton on more bearish signals; US smelter could restart… ktpy of billet/PFA green production

 
ALERT! – US ALUMINUM.

1. LME prices fell to as low as $… per mton. Door remains technically open for $… per mton. Selling expected to emerge at levels around $… per mton.

2. China’s aluminum prices find support at a four-and-a-half-month low.

3. ALERT! – US ALUMINUM. POTENTIAL US SMELTER RESTART: Intalco smelter in the US could restart.

4. ALERT! – US ROLLING MILL ALERT. MEGA US SITE FOR NEW MILL? New US rolling mill rumored to be built in South Alabama.

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

5. GREEN ALUMINUM ALERT. NEAR-ZERO: Hydro produces aluminum using 100% post-consumer scrap.

6. LME Cash–3M contango narrows a bit from nineteen-month high while canceled warrants spike in LME Asia

 

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