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LME price down and still inside trading zone; Novelis sells out cansheet capacity for new US rolling mill


1. LME prices remain unable to confirm short-term gains, returning to the prevailing range trading zone below $... per mton.

2. SHFE aluminum prices hold near recent one-year highs.

3. ALERT! – US ROLLING MILL. SOLD OUT: Novelis secures all cansheet capacity for new US rolling mill.

For more details, please subscribe to HARBOR’s specialized “Aluminum Rolled Products Intelligence” Report.

4. GREEN ALUMINUM MONITOR. More aluminum scrap recycling investments.

For more details, subscribe to HARBOR’s specialized “Green Aluminum Monitor” reports.

5. LME Cash-3M contango at supportive levels for cash-and-carry deals amid ample and growing metal availability.