LME prices stuck in tight trading range; UAW strike pushing some secondaries to offer deeper discounts

1. LME prices unchanged at upper end of short-term trading range. A technical breakout could occur soon.

2. ALERT! – A380.1. Strike sets off rash of A380.1 spot discounts.

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

3. LME Cash-3M contango tightens to three-month lows, below break-even levels for cash-and-carry deals.

4. SHFE aluminum price up and testing medium-term technical resistance levels.