LME price falls to fresh 33-month low (as forecasted by HARBOR since last year)

Special Note: HARBOR’s Daily Aluminum Commentary will not be published on Tuesday, December 12, due to Christmas holiday season.

1. LME Cash aluminum price falls to a 33-month low,  approaching HARBOR’s forecasted $2,000 per mton target.

2. China’s aluminum price down and testing new three-month lows.

3. ALERT! – EUROPEAN BILLET. HOLIDAY BREAK STARTS EARLY: Secondary billet oversupply bites, UK billet premiums down.

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

4. RERUN: SPECIAL ALERT & ANALYSIS! – US ROLLING MILL. 3105 COIL PRICES FALL FURTHER.

For more details, please subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.

5. LME Cash-3M contango widens to three-month highs amid ample and growing metal availability.