1. ALERT! – LME PRICE & WORLD PREMIUMS. LME LAUNCHES DISCUSSION PAPER: LME looks to assess consumer appetite for Russian metal (From October 6).
2. US MW PREMIUM ALERT – from HARBOR’s Aluminum Pricing Unit. GAP DOWN BELOW… cent/lb: MW premium plunge continues as expected (From October 5).
3. ALERT! – US BILLET. BILLET DEMAND PLUNGE: US extrusion demand contracting… % y/y in some cases (From October 6).
4. MJP PREMIUM ALERT. TWO-YEAR LOW: MJP quarterly contractual and spot premiums continue weakening to new lows, as anticipated by HARBOR (From October 6).
5. EUROPEAN BILLET ALERT. DOWN TO $…: European spot billet premiums deteriorate to as low as $… per mton (From October 6). Regional billet premiums declines further, pushing down spot and contractual November premiums to as low as $… per mton. To see our full European Billet Market Intel and Premiums assessment, please subscribe to our specialized European Billet Intelligence Report.