LME price down and still inside trading zone; Novelis sells out cansheet capacity for new US rolling mill
1. LME prices remain unable to confirm short-term gains, returning to the prevailing range trading zone below $... per mton.
2. SHFE aluminum prices hold near recent one-year highs.
3. ALERT! – US ROLLING MILL. SOLD OUT: Novelis secures all cansheet capacity for new US rolling mill.
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4. GREEN ALUMINUM MONITOR. More aluminum scrap recycling investments.
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5. LME Cash-3M contango at supportive levels for cash-and-carry deals amid ample and growing metal availability.