1. LME price still trading within the prevailing $2,500-2,750 per mton trading range amid US election uncertainty.
LME Cash aluminum prices closed today’s session at $… per mton, up 1.5% or $39 per mton from yesterday. Aluminum prices settled at a one-week high amid expectations of…
2. RERUN: ALERT! – US BILLET. SIN GANAS: Mating season slows down after ITC ruling.
For more details, please see HARBOR’s “ALERT! – US Billet ” released yesterday.
3. ALERT! – MATING SEASON SERIES – EXTRUSION SCRAP. 2025 contractual talks stalled for new bare units.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
4. LME Cash–3M contango widens to two-week highs, still uneconomic for cash-and-carry deals (bearish spot premiums).
The Cash-3M contango widened to a two-week high of $… per mton (a 5.5% annualized yield) from $…
5. China’s aluminum prices test four-month highs ahead of the US election and amid expectations of more stimulus.
SHFE front-month aluminum prices closed today’s session up by 0.8% at…