March 3, 2023
KEY MESSAGES
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The aluminum demand cycle remains in a contractionary phase, with primary aluminum demand continuing to deteriorate so far in…
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The world’s primary aluminum market is experiencing its…
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We expect aluminum oversupply conditions to…
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The announcement of US Tariffs of 200%-270% on US imports of Russian aluminum dissipates uncertainty in the market regarding the…
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HARBOR continues to see LME prices trading in a short-term range of $… per mton, targeting levels of $… per mton later in 2023. We expect LME cash prices to average $… per mton in 2023 and $… per mton in 2024.