| Aluminum is lower for the year to date, said BNP Paribas in a commodity snippet. "We believe it will continue to be a struggle, even though producers are under severe stress," stated Stephen Briggs, senior metals strategist at BNP Paribas.
He cited a Wood Mackenzie data showing the median smelter has been barely cash positive this year basis the LME price, although this has been alleviated by inflated premiums and the higher price in high-cost China...............................................Full Article: Source
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