LME price challenges resistance zone; Zero-carbon aluminum produced in Russia with inert anodes

April 13, 2021

ZERO-CARBON ALUMINUM.

1. LME prices climb to a two-week high, again attempting to break above $... per mton range.

2. SHFE aluminum prices rebound to a three-week high, testing interim resistance.

3. HARBOR FIRST ALERT. ZERO-CARBON ALUMINUM. EN+ Group announces world’s lowest carbon aluminum.

4. US PAINTED SIDING SCRAP ALERT. PAINTED SIDING TIGHTNESS: Domestic supply increasingly short. For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

5. US 6061 TURNINGS ALERT. SILICON SWEETENER: US brokers aggressively looking for prompt units. For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

6. LME Cash–3M contango narrows to the lowest in a month while nearby backwardation emerges (Cash–April 21).

More details in full report.

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