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LME price up from three-week lows; USITC to continue AD/CVD investigation


1. LME price rebounds amid prevailing short-term technical support around $... per mton.

2. ALERT! – US EXTRUSIONS. INVESTIGATION CONTINUES: USITC issues affirmative preliminary determinations on AD/CVD investigations regarding extrusion imports.

3. China’s aluminum prices rise from four-week lows.

4. ALERT! – MEXICO UBC. PRESSURED UP AGAIN: UBC buyers looking for additional volumes ahead of the year-end slowdown.

For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.

5. LME Cash-3M contango remains unsupportive for cash-and-carry deals; Highly concentrated LME warrants could support high volatility in spreads ahead.