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LME price slides below $... per mton; LME Cash–3M contango widens to $... per mton


1. LME price pull-back continues.

2. RERUN: ALERT! – RUSSIAN ALUMINUM. NO SANCTIONS, BANS, OR NEW DUTIES: As HARBOR anticipated, the US and LME have not sanctioned or restricted Russian aluminum.

3. China’s aluminum price up toward resistance levels.

4. LME Cash–3M contango remains near a five-month high; nearby and far end yields are still unattractive.