LME price down on trade uncertainty; US PFA suppliers facing a… cent/lb gap; European billet premiums up

ALERT! – MW PREMIUM.
 

1. LME price declines amid looming US Trade Tariff/Deals announcements; still trading inside the $2,500-2,750 per mton range.

2. UPDATE! – MW PREMIUM. MWP IN EQUILIBRIUM UPDATE: HARBOR’s MW P1020 Duty-Paid Spot Premium in Equilibrium down a bit.

Please find HARBOR’s MW P1020 Duty-Paid Spot Premium in Equilibrium published within the PDF included in our Daily Aluminum Commentary report.

3. ALERT! – NORTH AMERICA PFA. WINDS OF CHANGE: PFA suppliers bearing for now a… cent/lb hit.

4. ALERT! – EUROPEAN BILLET. BABY BULLISH STEPS: European spot billet premiums inches higher again.

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

5. SPECIAL ALERT! – EUROPEAN SCRAP. NON-STOP OUTFLOWS: EU may soon Tariff aluminum scrap exports to the US.

For more details, subscribe to HARBOR’s specialized “Europe Scrap Intelligence” reports.

6. RERUN: ALERT! – US UBC. BREAKING RECORDS: US UBCs reach all-time high discount to MWTP of… cent/lb.

For more details, subscribe to HARBOR’s specialized “US and Mexico Aluminum Scrap Intelligence” report.

7. China’s aluminum prices retreat from three-month highs as tariff uncertainty resurfaces.

8. LME Cash-3M contango holds near zero, unattractive for inventory financing deals (bearish P1020 premiums).

 

 

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