LME price bounces toward $... per mton; US/Canada billet upcharge at low single-digits

1. LME Cash aluminum price up from 33-month lows, after having virtually reached HARBOR’s $... per mton target zone.

2. China’s aluminum price holds near three-month lows.

3. ALERT! – US BILLET. MORE BEARISH THAN OBVIOUS: Canadian 2024 billet upcharge fall to as low as... cent/lb on a duty-paid basis.

4. ALERT! – EUROPE WIRE ROD. GAPS DOWN: EU’s EC rod 2024 and spot premiums plummet to as low as €... per mton.

5. GREEN ALUMINUM MONITOR. SUPER GREEN FOIL: Chinese and Russian foil mills going after near-zero aluminum.

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

6. LME Cash-3M contango tightens as nearby shorts get squeezed ahead of December’s third Wednesday.