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LME price spikes to a three-week high; US MW spot premium up to three-month high; European PFA premium down further

ALERT! - US MW PREMIUM.

1. ALERT! – LME PRICE. LME price rallies $... per mton, or 6% today, reaching a three-week high but remains in technical bearish mode.

2. ALERT! - US MW PREMIUM. THREE-MONTH HIGH: MW spot premium gaps up to... cent/lb.

3. ALERT! - EUROPE PFA. FALL CONTINUES: European PFA spot premiums decline to as low as $... per mton.

4. ALERT! – ALUMINA PRICES. DISRUPTION NOT EXPECTED TO DISRUPT: Gas supply outage impacts Kwinana refinery not expected to impact market.

For more details, please subscribe to HARBOR’s Alumina and Bauxite Intelligence Reports.

5. ALERT! - MEXICO SCRAP. SLOW START: Mexican scrap market activity starts the year relatively quiet.

For more details, please subscribe to HARBOR’s specialized US and Mexico Aluminum Scrap Intelligence Report.

6. China’s aluminum price up after testing two-month lows last week.

7. LME Cash–3M contango widens amid loose spreads after February.