1. LME prices experiencing the biggest downward correction since April amid US interest rate doubts. A decline tomorrow is needed for support to officially fall.
LME 3M aluminum prices closed today at a four-week low of $… per mton, down… % or $… per mton from yesterday and accumulating a $… per mton correction since Friday. Prices fell for a third consecutive session as speculative profit-taking selling persisted amid…
2. ALERT! – US BILLET. DEMAND MOMENTUM HAS NOT ARRIVED: Imports a “big” problem for US extruders.
US extrusion and billet demand is closing the year with bearishness as underlying demand remains depressed amid import flows, destocking, and uncertainty. Those producing their own billet faring way better…
3. ALERT! – US ROLLING MILL. EXPANDING PRODUCT OFFERING: AA Metals completes acquisition of Sinobec.
For more details, subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.
4. ALERT! – US UBC. STIL RECORDS: UBC discounts stable near all-time highs, contract talks drag.
For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.
5. ALERT! – EUROPEAN SCRAP EXPORTS. SPRING 2026: EU to adopt scrap export measures in Spring of 2026.
For more details, subscribe to HARBOR’s specialized “Europe Scrap Intelligence” reports.
6. LME Cash-3M contango narrows from seven-month highs, remains supportive of cash-and-carry deals.
The Cash-3M contango narrowed marginally to $… per mton (a… % annualized yield), from yesterday’s seven-month high of $… per mton. The Cash–December contango narrowed to $… per mton from $… per mton, and the December–January contango tightened to $1…
7. China’s aluminum prices fall further, remain within HARBOR’s identified target zone.
SHFE front-month aluminum prices closed today’s session down… % at… yuan per mton ($… per mton, ex-VAT) , before extending losses in after-hours to… yuan per mton ($… per mton, ex-VAT). Prices continued to retreat from last week’s three-year highs as…