1. ALERT! – LME PRICE. If LME price closes higher on Monday, door would open for $… per mton.
2. China’s aluminum price trading around medium-term technical resistance.
3. ALERT! – EUROPEAN P1020. FREE FALL CONTINUES: European P1020 premiums fall to lowest since April 2021.
4. ALERT! – EUROPEAN BILLET. Spot and Q1 billet premiums fall further.
To see our full European Billet Market Intel and Premiums assessment, please subscribe to HARBOR’s specialized European Billet Intelligence Report.
5. ALERT! – EUROPEAN SCRAP. NO MORE SUPPORT: Export demand for secondary ingot fades out; domestic market closed until mid-January.
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6. US SCRAP ALERT. JANUARY FOCUS: US scrap consumers looking to fulfill January needs.
For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.
7. LME Cash–3M contango unchanged at $… per mton; canceled warrants rise further in Asia.