London Metal Exchange
LME Steel Scrap contract sees trade
The London Metal Exchange (LME) has announced the first voice-brokered trade of its LME Steel Scrap contract.
Stuart becomes independent director
The boards of the London Metal Exchange (LME) and LME Clear have announced the appointment of Antony Stuart as an independent non-executive director.
Aluminium rents to rise in 2015
LME registered warehouses will raise average rental rates for aluminium by 3.6 per cent this year, which is more than double the increase for the previous year according to Reuters. Owners of London Metal Exchange warehouses had hugely inflated rental revenues by letting queues swell for buyers of LME futures contracts to withdraw metal from […]
Commitments of Traders Report published
The London Metal Exchange (LME) today published its first Commitments of Traders Report (COTR) in response to general market demand for broader transparency. The report is designed to reflect the nature of the predominant business activity that LME members and their clients are involved in. “We are committed to providing the broadest possible market transparency […]
New appointments at the LME
The London Metal Exchange (LME) has appointed Mr Walid Al Attar as a member of its Aluminium Committee. Mr Al Attar, responsible for marketing and sales at Emirates Global Aluminium (EGA), is the first representative from the Middle East to sit on the committee. “We welcome Mr Al Attar to the committee,” said Garry Jones, […]
LME announces Executive Committee appointments
The London Metal Exchange (LME) has announced two appointments to its senior management team. Stuart Sloan and Catherine Lester have joined the LME as Chief Operating Officer and Head of Strategy, and Chief Financial Officer respectively. Sloan will be responsible for much of the operation of the LME and will work with the senior management […]
March 2012
Articles in this issue include a look at the reasons why more craft brewers in the US are switching to aluminium cans, a technical article that looks at the maintenance of ovens and a look at sustainability issues. There are also reports on handling and conveying, seaming and the US. Regulars including Candid, Knight’s Knowledge and Clarke’s can corner are also included.
LME volumes surge to new record in 2011
The London Metal Exchange (LME) announced new records for volume and value of trading in 2011, strengthening its position as the world’s premier metals exchange.