LME prices at fresh lows as demand plunges
September 27, 2022
ALERT! – EUROPEAN BILLET.
1. LME price falls further as bearish momentum continues.
2. ALERT! – EUROPEAN BILLET. DEMAND PLUNGE BITES: Hydro to curtail around... mtpy of primary billet production in response to weakening demand.
3. China’s aluminum prices fall to support.
4. LME Cash–3M contango widens to above $... per mton, still too tight for cash-and-carry deals.