LME prices range-trade within $... zone; EU reinstates AD duties against Chinese-origin FRPs

1. LME prices fall but continue to find technical support as range-trading continues within the $... per mton zone.

2. EUROPE ROLLING MILL ALERT. SUSPENSION LIFTED: EU confirms AD duties against Chinese FRP will go into effect next week.

3. EUROPEAN BILLET ALERT. SOMETHING GOTTA GIVE: European billet spot premiums unchanged, while energy and demand concerns seem taking the center stage now.

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4. EUROPEAN SCRAP ALERT. MORE BEARISH: Secondary market outlook worsens amid natural gas’ supply crisis.

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5. US ROLLING MILL ALERT. CANSHEET TIGHTNESS WORSENS: Kaiser declares force majeure at Warrick amid magnesium shortage.

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6. US SCRAP ALERT. GETTING WORSE. Scrap demand contraction extending through September.

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7. MEXICO SCRAP ALERT. SHORT TERM PICK UP: Demand for old sheet units in Mexico see a slight pick up.

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8. MJP PREMIUM ALERT. NEW LOWS: MJP spot premium down to $... per mton on bearish cocktail.

9. China’s aluminum prices fall and remain near thirteen-month lows.

10. LME Cash-3M contango eases somewhat from tightest in three-months.