LME down amid Chinese efforts to tackle energy crisis

1. LME price falls to a one-week low of $... per mton as China steps up efforts to resolve its energy crisis.

2. SHFE aluminum prices pull back further to test a one-week low.

3. BRAZIL ALERT. RISING FURTHER: Brazil’s P1020 premiums rise amid world inflationary pressures.

4. RERUN: US ALUMINUM SCRAP ALERT. NARROWER SCRAP DISCOUNTS: US consumers pushing for EC 1350 wire scrap, Mexican consumers pushing for irony extrusions.

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

5. RERUN: US FOIL ALERT. FINAL AFFIRMATIVE DETERMINATION: USITC confirms imposition of AD/CV duties on foil imports from Russia, Brazil, Armenia, Oman and Turkey.

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

6. Cash‑3M contango shrinks to two-week lows; backwardations ease further at the far end of the curve.

More details in full report.