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MARKET TALK: LME Aluminum Focused On Industry Consolidation

Thursday, Jul 19, 2007
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LME aluminum prices remain focused on industry consolidation rather than price moves, says Standard Bank. Adds the market will eye new projects "beginning to take shape with significant new capacity due over the next few years." LME aluminum trades at $2,785/ton, down 0.5% from Tuesday's PM kerb.

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