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LME price unchanged, below expected resistance zone

1. LME price remains unable to sustain intraday gains above $... per mton.

2. SHFE aluminum prices continue testing the upper end of their trading range.

3. RERUN: HARBOR FIRST! –LARGEST GREEN REMELTER IN THE WESTERN WORLD: Aluxite to increase billet/slab capacity to 400k mtpy.

For more details, please see “HARBOR First! Largest Green Remelter in the Western World” released yesterday.

4. LME Cash-3M contango narrows slightly but remains at historically wide levels, supportive for cash-and-carry deals.