ALERT! – EUROPE ROLLING MILL.
1. LME prices remain hardly changed w/w within a narrow, short-term trading range.
2. SHFE aluminum prices capped by technical resistance.
3. ALERT! – EUROPEAN BILLET. BILLET DOWN TO $… : European billet premiums decline to as low as $… per mton.
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4. ALERT! – EUROPE ROLLING MILL. PRICE EROSION CONTINUES: Europe common alloy coil premiums fall further.
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5. ALERT! – MEXICO SECONDARY SCRAP. CASH FLOW ISSUES: Old cast demand for August on a weaker note.
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6. GREEN ALUMINUM MONITOR. Green Revolution in Africa and the Far East.
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7. LME Cash-3M contango narrows slightly from four-month highs and remains supportive of cash-and-carry deals.