LME

  • LME expands steel delivery to Italy as volumes rise 46%

    MINING.com Editor | June 19, 2011

    The London Metal Exchange has approved Ravenna as the latest point of good delivery for non domestic LME Steel Billet, with effect from September 16th 2011. The addition of the Italian port will enhance the contract’s warehousing network in Europe, encouraging the steel industry to further utilise the contract. LME Steel Billet is now listed in 12 locations in seven countries.

  • Mickey Fulp - Mercenary Geologist

    Musings on the Record Price of Copper

    The spot price of copper jumped to $4.40 on December 31, exceeding previous highs set daily over the past week. Today we discuss copper’s meteoric price rise during the past five months, dissect current supply and demand fundamentals, and opine …

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