All-time record highs reached by US Billet and MW spot premiums; LME prices at $... per mton
1. LME prices up and shy of Thursday’s 35-month intraday high.
2. SHFE aluminum price rebounds, attempting to consolidate above multiyear resistance of... yuan per mton.
3. US MW PREMIUM ALERT. ALL-TIME RECORD HIGH: MW P1020 spot gaps up to... cent/lb to fully reflect replacement costs.
4. US BILLET ALERT. NEW HIGH: Billet spot premiums spike to... cent/lb.
5. SCANDIUM ALERT! NEW BRAND ANNOUNCED: Rusal presents ScAlution, new brand for aluminum alloys.
6. GREEN ALUMINUM MONITOR: Inert-anode technology, the third pillar behind decarbonization?
7. LME April–May backwardation intensifies; Cash–3M contango narrows to six-week lows.
More details in full report.