1. LME price down by the most in six weeks amid inventory buildups and monetary tightening concerns.
2. ALUMINUM INVENTORY UPDATE. LME aluminum inventories climb by… mton.
3. China’s aluminum price pulls back toward a two-week low.
4. RERUN: ALERT! – US CANSHEET. US CANSHEET DEMAND BEARISH: Falling can demand impacting cansheet demand and price outlook.
For more details, please subscribe to HARBOR’s specialized Aluminum Rolled Products Intelligence Report.
5. RERUN: ALERT! – SECTION 232 DUTIES. SECTION 232 TO STAY: US confirms no intent to remove Section 232 duties amid WTO ruling.
For more details, please see HARBOR’s “Alert! – Section 232 Duties” released last Friday.
6. ALERT! – MEXICO SCRAP. SLIGHT UPTICK: Scrap dealers increase prices to attract units ahead of year’s end.
For more details, please subscribe to HARBOR’s specialized US and Mexico Aluminum Scrap Intelligence Report.
7. LME Cash–3M contango widens to two-year highs; far end contangos still uneconomic.