1. LME price shifts to full bearish mode as it targets $… per mton again.
2. China’s aluminum price falls to two-week lows, testing technical support zone.
3. ALERT! – EUROPEAN BILLET. UP AGAIN: Spot billet premiums jump to as high as $… in UK and to as high as $… in continental EU, March premiums rising.
To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “European Billet Intelligence” reports.
4. ALERT! – US MILL-GRADE OLD SHEET. MOVING UP: Old sheet firms as buyers battle over scant offers.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
5. ALERT! – JAPAN ADC12. HOLDING: ADC12 flat in Japan before Lunar New Year.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
6. LME Cash-3M contango unchanged, continuing to trade around the profitability threshold for cash-and-carry deals.