1. LME Cash price climbed… % w/w or $… per mton to its highest weekly close in over three years.
LME Cash aluminum prices closed today at $… per mton, down… % or $… per mton from yesterday but still rallying this week by… % or $… per mton. Aluminum and the rest of the commodity complex faced profit-taking selling on Friday amid heightened US-China trade tensions pushing…
2. SPECIAL ALERT! – US MW PREMIUM. RECORD HIGHS, AS PREDICTED: MW premium gaps up to all time-record, more gains seen ahead.
HARBOR’s MW duty-paid premium rose this week to a new record high amid increasing LME prices, softening LME spreads and declining US inventories. As predicted since early June, the premium has basically reached our forecasted target for Q4 2025 of…
3. ALERT! – MEXICO OLD CAST. A380 MARGIN IS GONE: Old cast prices at record highs, secondaries using other grades.
For more details, subscribe to HARBOR’s specialized “ US and Mexico Aluminum Scrap Intelligence” report.
4. ALERT! – EUROPEAN D226 AND SECONDARY SCRAP. DOUBLE WHAMMY: Plunging generation and export pressure hit profitability.
For more details, subscribe to HARBOR’s specialized “Europe Scrap Intelligence” reports.
5. GREEN ALUMINUM MONITOR. MORE SORTING AND RECYCLING: Broad industry shift toward circularity and decarbonization.
For more details and the latest aluminum green upcharge assessments, subscribe to HARBOR’s specialized “Green Aluminum Monitor” report.
6. LME Cash-3M backwardation intensifies to double digits as October shorts continue to get squeezed.
The Cash-3M backwardation closed the week steepening to a three-week high of $12.06 per mton, from $7.81 per mton yesterday. Most of the tightening resulted from the October–November backwardation nearly doubling to $…
7. China’s aluminum prices closed the week at ten-month highs before erasing yesterday’s rally in after-hours trading.
SHFE front-month aluminum prices fell in after-hours to… per mton ($… per mton, ex-VAT), after closing today’s session marginally higher at… yuan per mton ($… per mton, ex-VAT). Prices reversed gains amid…