"Hopefully this 10,000t order will turn up in LME backorder data tomorrow."
...it just turned up in LME data...backorders have doubled now from 10000t or so to 21475t...
Was an order on the Chicago exchange, so the either US car manufacturers are booming or local ones are. Very positive soon for continued manufacturing growth in the U.S. and the jobs reports there.
Interesting article about this self-fulfilling cycle there...
