1. LME Cash price remains stuck near two-year lows.
2. ALERT! – US BILLET. SINGLE-DIGIT BILLET PREMIUMS? Lack of demand recovery pushing the market toward single-digit billet premium levels.
3. RERUN: ALERT! – MEXICO BILLET PREMIUMS. OFFSHORE PUSHES DOWN PREMIUMS: Mexico’s billet premiums down to $… per mton.
For more details, please see HARBOR’s “Alert! – Billet Mexico Premiums” released yesterday.
4. ALERT! – EUROPEAN BILLET. WAITING GAME: Summer break’s doldrum stops billet premium decline.
To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “European Billet Intelligence” reports.
5. LME Cash-3M contango widens sharply again to historically wide levels amid surplus conditions.
6. SHFE aluminum prices down but technical resistance holds.