ALERT! – EUROPEAN BILLET..
Special Note: HARBOR’s Daily Aluminum Commentary will not be published on Tuesday, December 12, due to Christmas holiday season.
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LME Cash aluminum price falls to a 33-month low, approaching HARBOR’s forecasted $2,000 per mton target.
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China’s aluminum price down and testing new three-month lows.
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ALERT! – EUROPEAN BILLET. HOLIDAY BREAK STARTS EARLY: Secondary billet oversupply bites, UK billet premiums down.
To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “European Billet Intelligence” reports.
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RERUN: SPECIAL ALERT & ANALYSIS! – US ROLLING MILL. 3105 COIL PRICES FALL FURTHER.
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LME Cash-3M contango widens to three-month highs amid ample and growing metal availability.