LME price tests high end of trading range; Smelter restart confirmed in France
1. LME price climbs further toward the upper end of the six-month $... per-mton trading range.
2. China’s aluminum price rises to a one-week high, continues to underperform.
3. ALERT! – EUROPEAN SMELTING. EU SMELTER RESTART: Dunkerque restarts capacity amid plunge in energy prices.
4. ALERT! – US WIRE ROD. QUIET BUT OPTIMISTIC: US EC rod spot market quiet, but 2023 outlook looks bright.
5. LME Cash–3M narrows as producer selling continues.