LME price finds support near $... per mton; European EC rod spot premiums jump to a multiyear high

1. LME price rebounds after having virtually reached HARBOR’s $... per mton target.

2. China’s aluminum prices stabilize near-four-month low.

3. EUROPE WIRE ROD ALERT. ANOTHER PREMIUM SPIKE: European EC rod premiums jump to $... per mton.

4. US WIRE ROD ALERT. SOLID AND STABLE: US EC rod demand still strong—spot premiums stable.

5. GREEN ALUMINUM ALERT. WORLD'S LARGEST GREEN HUB: China’s Yunnan is now the world’s largest Green primary aluminum hub.

6. EUROPE CANSHEET ALERT. MORE CANS FOR EUROPE: Upwards of... billion cans of new capacity recently announced.

For more details, please subscribe to our specialized Aluminum Rolled Products Intelligence Report.

7. US UBC ALERT. UBC discounts remain wide on steady availability.

For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

8. MEXICO SCRAP ALERT. BROADER DECLINE: UBC, secondary and extrusion scrap prices fall further.

For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

9. ALERT! - LME LEADERSHIP UPDATE. Matthew Chamberlain to Remain as CEO of the LME.

10. LME Cash–3M contango narrows further amid tighter conditions ahead of July’s third-Wednesday and a steeper May backwardation.