ALERT! – US BILLET.
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LME prices retreat toward one-month lows below $… per mton as a bearish range-trading formation persists.
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China’s aluminum price falls to new three-month lows amid deteriorating technicals.
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ALERT! – US BILLET. SINGLE DIGITS IN CANADA TOO: 2024 contractual billet upcharges fall further across the board.
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RERUN: HARBOR FIRST! – WORLD BILLET & SLAB. IT’S OFFICIAL: WORLD’S LARGEST AND GREENEST: Rio Tinto completes the strategic acquisition of 50% of Matalco.
For more details, please see HARBOR’s “Harbor First! World Billet & Slab” released last Friday.
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ALERT! – GREEN ALUMINUM. GREEN PARTNERSHIP: Hydro partners with Volvo to lower emissions in vehicle production.
For more details, subscribe to HARBOR’s specialized “Green Aluminum Monitor” reports.
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LME Cash-3M contango widens to +$… per mton amid growing metal avaiability.