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A western aluminium producer has concluded a deal for delivery throughout the fourth quarter to main Japanese ports (MJP) at a premium of $88 per tonne on a cif basis, market participants told Fastmarkets on Wednesday September 2.
Markets were mixed this morning, Wednesday September 2, with base metals prices on the London Metal Exchange little changed, the dollar was firmer and Asian-Pacific equities, as well as pre-market major western equity index futures, were stronger too.
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Market participants in the United States expressed mixed views on the recent reduction in the Section 232 quota on imports of semi-finished steel product from Brazil for the fourth quarter.
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