LME price stuck at recent lows; US slab premiums plunge to a two-year low

1. LME price unchanged below $… per mton amid downbeat demand sentiment. Door is open for LME prices to target $… per mton.

2. ALERT & ANALYSIS! – US SLAB. CORRECTION MODE: Slab premiums plunge on demand contraction and oversupply conditions.

3. ALERT! – US ZORBA. WITHOUT LEGS? US Zorba prices up without much change in fundamentals.

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4. LME Cash-3M contango narrows to two-week lows but remains at historically wide levels amid market surplus.

5. SHFE aluminum prices hold below their technical resistance zone.