LME price falls further;... % duty on US imports of Russian aluminum WILL NOT apply to P1020, billet, slab and PFA
June 29, 2022
ALERT! – MW, BILLET, SLAB AND PFA PREMIUMS.
1. LME price falls and underperforms as selling pressure intensifies around $... per mton levels. The door remains open for a short-term visit to $... per mton.
2. ALERT! – MW, BILLET, SLAB AND PFA PREMIUMS. NO EFFECT ON PREMIUMS: US clarifies:... % duty on Russian aluminum WILL NOT apply to P1020, billet, slab and PFA.
3. BRAZIL ALERT. DEMAND WANES: Brazil’s P1020 and billet premiums under pressure.
4. GREEN ALUMINUM ALERT. Low-carbon aluminum cans launched in Canada.
5. China’s aluminum prices stuck below... yuan per mton resistance level.
6. LME Cash–3M contango tightens.