1. ALERT & ANALYSIS – WORLD ROLLING MILL. DEEP COIL DEMAND CONTRACTION: Beverage and B&C demand continue to lead the demand contraction for FRP around the world.
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2. LME price falls to new three-week lows as Chinese demand continues to disappoint.
3. SHFE aluminum prices rebound toward their technical resistance zone.
4. UPDATE! – WORLD SMELTING PRODUCTION COST. UNCHANGED: World aluminum smelting costs hold near two-year lows.
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5. LME Cash-3M contango remains near the widest in fifteen years amid ample and growing metal availability, supportive of inventory financing deals.