1. LME price continues to mainly range-trade above the $2,550-2,500 per mton support zone.
LME Cash aluminum prices closed the session up 1.7% or $43 per mton, closing at $…
2. China’s aluminum prices tested fresh four-month highs.
Prices ended higher amid alumina hit multi-year highs. SHFE front-month aluminum closed the session marginally down at…
3. ALERT! – TARIFFS ON CHINA. CANADIAN TARIFFS BEGIN: Canada’s 25% tariff on Chinese aluminum imports kicked in today.
Beginning today, imports of Chinese-origin aluminum products into Canada are subject to a 25% tariff, including…
4. ALERT! – US A380. POOR VISIBILITY: A380 contract talks slower than usual.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
5. LME Cash–3M contango tightens and remains unattractive.
The Cash-3M contango tightened to… per mton (a 4.9% annualized yield) from $…