LME price unchanged and still below $… per mton; European slab spot upcharges spike

1. LME prices continued to find short-term support above $… per mton but door could still open soon for $… per mton.

2. China’s aluminum prices find resistance near a two-week high.

3. EUROPE SLAB ALERT. SLAB SPIKES: 1xxx and high Mg 5xxx slab spot upcharges spike.

4. GREEN ALUMINUM MONITOR: Seeking near-zero-carbon aluminum solutions.

For more details, please see HARBOR’s “Green Aluminum Monitor” released earlier today.

5. LME Cash–3M contango widens despite backwardation ahead of May, remains unsupportive of cash-and-carry deals.