Subscription inquiry

LME price falls another 2% amid more inventory buildups


1. LME prices fall to fresh three-week lows.

2. China’s aluminum price drops to new two-week lows.

3. RERUN: ALERT! – EUROPEAN BILLET. STILL ON HOLIDAYS: Billet premiums unchanged despite P1020 premium rise.

To see our full European Billet Market Intel and Premiums assessment, subscribe to HARBOR’s specialized “ European Billet Intelligence” reports.

4. ALERT! – EUROPE SCRAP TRADE. EUROPE RECORD SCRAP EXPORTER: Europe's net aluminum scrap exports jumped... % in 2023.

For more details, subscribe to HARBOR’s specialized “Europe Scrap Intelligence” reports.

5. ALERT! – US ZORBA. PULLED UP: Export zorba price jumps on ADC12 and thin supply.

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

6. LME Cash-3M contango continues widening amid further inventory inflows into LME Asia warehouses.