1. LME prices reversed most intraday gains but managed to close higher; short-term range-trading conditions remain in place.
2. China’s aluminum prices capped by short-term technical resistance.
3. ALERT! – EUROPEAN P1020. PROLONGED PAUSE: European P1020 duty-paid premiums unchanged, bearish headwinds persist.
4. ALERT! – EUROPEAN SCRAP. WEAKNESS RETURNS: Secondary European prices down to five-month lows.
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5. ALERT! – US ROLLING MILL. NEW SUPER GREEN SLAB CAPACITY: MetalX and Manna Capital to build slab remelter.
For more details, please subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
6. GREEN ALUMINUM MONITOR. ANNOUNCED: More Green and Super-Green Aluminum supply.
For more details and latest developments in the Green Aluminum market, subscribe to HARBOR’s specialized “Green Aluminum Monitor” reports.
7. LME Cash–3M contango narrows further amid tightness around April’s third-Wednesday settlement.